Question

Following accounts are being maintained in the books of Shri Ashok. Classify them into Personal, Real and Nominal Accounts:
(i) Land and Building (ii) Excise Duty (iii) Creditors (iv) Capital (v)Motor Vehicles(vi) Goodwill (vii) Investments (viii) Salary (ix) Debtors (x) Bad Debts

Answer 1

Answer:

Personal a/c = Creditors, Capital, Debtors.

Real a/c = Land & Building, Motor Vehicles, Goodwill, Investment.

Nominal a/c = Excise duty, salary, Bad debts.

I hope it helps ;)

Answer 2

☆ HOPE ITS HELPFUL FOR YOU ☆