Question

Classify the following accounts in personal, real and nominal account:
(1) Dena bank account
(2) Bank Loan account
(3) Furniture account
(4) Office expense account
(5) Octroi account
(6) S.D. School of Commerce account
(7) Amit's account
(8) Sales account
(9) Goods destroyed by fire account (10) Goodwill account
(11) Rent received account
(12) Discount given account
(13) Investment account
(14) Heena & sons account​

Answer 1

Answer:

1)personal account

2) personal account

3)Real account

4)Nominal account

5) Nominal account

6) personal account

7) personal account

8)Nominal account

9)Nominal account

10)Real account

11)Nominal account

12)Nominal account

13)Real account

14)Personal account

Answer 2

Explanation:

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