Question

Classify the following under Personal, Real and Nominal
i. Capital A/c vi. Rent A/c
ii. Building A/c viii. Stock A/c
iii. Bank charges A/c ix. Machinery A/c
iv. Sales A/c x. Purchases A/c
v. Canara bank A/c xi. Interest received A/c
vi. Suman’s A/c xii. Cash A/c​

Answer 1

Answer:

1. Real Account

2. Real Account

3. Nominal Account

4. Nominal Account

5. Real Account

6. Personal Account

7. Nominal Account

8. Real Account

9. Real Account

10. Nominal Account

11. Nominal Account

12. Real Account