Question

Drawings related to ..........

(a) Personal account (b)Real account

(c) Nominal account (d) not​

Answer 1

Answer:

drawing is a personal account .

Explanation:

The drawing account's purpose is to report separately the owner's draws during each accounting year. Since the capital account and owner's equity accounts are expected to have credit balances, the drawing account (having a debit balance) is considered to be a contra account.

Answer 2

"(a) Personal account"

Explanation:

A drawing account is a contra record to the owner's value. The drawing record's charge balance is in opposition to the normal credit equilibrium of a owner's value account since proprietor withdrawals address a decrease of the proprietor's value in a business.

Drawings Account is certifiably not a Nominal Account as it's anything but a business ledger. So incomes and costs account are connected with ostensible records.