Question

Classify the following accounts into Presonal, Real and Nominal A/c.

Land A/c ;
Rajesh A/c;
Interest A/c;
Computer A/c;
Raj Library;
Postage A/c;
Cash A/c;
Stationery A/c;
Investment A/c;
Octroi A/c;
Building A/c;
Bank A/c;
Carriage A/c;
Dena Bank A/c;
Sales A/c;
Discount A/c;
Drawings A/c;
Goodwill A/c;
Machinery A/c;
Wages A/c;
Bank Loan A/c;
Typewriter A/c;
Electricity A/c;
Live Stock A/c;
Purchase A/c;
Salary A/c;
Stock A/c;
Nitin Traders A/c;
Insurance Premium A/c; Furniture A/c;
Repairs A/c;
Patents A/c;
Loose Tools A/c;
Printing A/c;
Freight A/c;
Rupi Hospital A/c;
Premises A/c;
Advertisement A/c;
Loss by Fire A/c;
Sales A/c;
Profit on sale of Machinery A/c;
Maintenance A/c;
Return Inwards A/c;
14% Govt. Bonds A/c;
Office equipment A/c;
Motor car A/c;
Conveyance A/c;
Copyright A/c;
Excise Duty A/c;​

Answer 1

Answer:

Land A/c ; Real

Rajesh A/c;Personal

Interest A/c; nominal

Computer A/c; real

Raj Library; reall

Postage A/c; nominal

Cash A/c; real

Stationery A/c;real

Investment A/c; real

Octroi A/c; nominal

Building A/c;real

Bank A/c; personal

Carriage A/c; nominal

Dena Bank A/c; personal

Sales A/c; nominal

Discount A/c;nominal

Drawings A/c;personal

Goodwill A/c; real (intangible)

Machinery A/c; real

Wages A/c; nominal

Bank Loan A/c; personal

Typewriter A/c; real

Electricity A/c; nominal

Live Stock A/c; real

Purchase A/c; nominal

Salary A/c; nominal

Stock A/c; real

Nitin Traders A/c; personal

Insurance Premium A/c; personal

Furniture A/c; real

Repairs A/c; nominal

Patents A/c;real

Loose Tools A/c; real

Printing A/c; nominal

Freight A/c; nominal

Rupi Hospital A/c; personal

Premises A/c; real

Advertisement A/c; nominal

Loss by Fire A/c; nominal

Sales A/c; nominal

Profit on sale of Machinery A/c; nominal

Maintenance A/c; nominal

Return Inwards A/c; nominal

14% Govt. Bonds A/c;real

Office equipment A/c; real

Motor car A/c;real

Conveyance A/c; nominal

Copyright A/c;real

Excise Duty A/c;nominal

Explanation:

personal account contains name of the firm or person

real account contains assets or things like property or machinery

nomainal contains expenses, losses, profits and incomes