Question

is sundry a/C real nominal or personal​

Answer 1

Answer:

$\bf {Real\:Account\:and\:Nominal\:Account}$ both the accounts comes under $\bf {Impersonal\:Account}$

Real Account - The account of all of all assets of the enterprise, business whether tangible or intangible comes under real account.

Example - Cash a/c , Furniture a/c , goodwill a/c etc.

Nominal Account - All those accounts which relates to losses, expenses, income and gains comes under nominal account.

Example - discount allowed, rent account, bad debts, etc.

Personal Account - Name of an individual firm, business, institutions etc comes under personal account.

Example - Shelly Ltd. , Amaira pvt. ltd. , Capital a/c , etc.

Now the question is sundry comes under which account ?

Answer

Sundry comes under sales account as - 'By Sundries as per Sales Book.'