Question

interest earned is a A. personal account B. Real account C. nominal account D. intangible real account.
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Answer 1

Answer:

Interest earned is the amount of interest earned over a specific period of time from investments that pay the holder a regular series of mandated payments. For example, interest earned can be generated from funds invested in a certificate of deposit or an interest-bearing bank account..

Explanation:

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Answer 2

Answer:

Nominal Account is the answer

Explanation:

Since Interest received is an income, it is a nominal account. Following are three different types of accounts maintained under Book-Keeping. All accounts related to incomes,gains, expenses and losses are referred to as Nominal Account.

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