Question

Q.1 (D): Find the odd one
1. Machinery, Land & Building, Computer, Salary
2. Salary A/C, Wages A/c, Interest A/c, Cash A/C
3. Bank A/c, Capital A/C, Outstanding Expenses A/c, Goodwill A/C​

Answer 1

Answer:

1 Salary

2 IntrestA/c

3 outstanding expenses

Answer 2

The given terms belong to the accounting terminologies.

• Odd one out refers to choosing the alternative which is different from other set of alternatives.
• The odd one out are -

1. Machinery, Land & Building, Computer, Salary - Salary as it is an expense while all others are investments.

2. Salary A/C, Wages A/c, Interest A/c, Cash A/C - Cash A/c as it is a real account while all others are nominal.

3. Bank A/c, Capital A/C, Outstanding Expenses A/c, Goodwill A/C​ - Goodwill A/c as it is a real account while all others are nominal.