Question

Match the following
21. Personal Account a) Intangible Assets 22. Real Account b) Commission received 23. Nominal Account c) Current Assets 24. Goodwill d) Capital
25. Cash balance e) Machinery C D 26.Trading Account a) Assets- liabilities 27.Profit –loss Account b) Real Account 28.Balance –sheet c) Gross profit 29.Reliance share Account d) Net profit 30.Freight – Octroi e) Nominal Account​

Answer 1

Answer:

Personal Account a) Intangible Assets 22. Real Account b) Commission received 23. Nominal Account c) Current Assets 24. Goodwill d) Capital

25. Cash balance e) Machinery C D 26.Trading Account a) Assets- liabilities 27.Profit –loss Account b) Real Account 28.Balance –sheet c) Gross profit 29.Reliance share Account d) Net profit 30.Freight – Octroi e) Nominal Account

Answer 2

Explanation:

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