Question

Q.2 = Classify the following accounts into Personal, Real and Nominal accounts. (5 Marks)
1) Stationery NC
2) Mahesh's Ac
3) Machinery Nc
4) Capital A/C
5) Loss by Fire Alc
6) Hospital Alc
7) Building A/C
8) Bank of Maharashtra Nc
9) Copyright NC
10) Repairs Ac​

Answer 1

Answer:

stationary is nominal as it is expense

mahesh is personal as name is included

machinery is real as it is an asset

capital is personal as it is of owner

loss by fire is nominal as it is expense

hospital is nominal as it is expense

building is real as it is asset

bank of maharashtra is personal as name is mentioned

copyright is real as it is asset

repairs is nominal as it is expense

Answer 2

Answer:

phcucphcnjtkbdxvxxhhh