Q.3 Classify the following accounts under Traditional Approach: Name of the Accounts Name of the Accounts Salary Alc. Prepaid Insurance Alc Ram Trading Co. A/C Insurance Premium AIC Plant & Machinery Alc Goodwill AC Loss by Fire Alc Motor Car AC Printing & Stationery A/C Rajhans Co-Op. Society A/C Stock of Stationery Alc. Equipment AC Outstanding Rent A/c. Indian Railways ATC ICICI Bank A/C Commission AC
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Explanation:
Prepaid Insurance Alc Ram Trading Co.
A/C Insurance Premium AIC Plant & Machinery Alc Goodwill AC Loss by Fire Alc Motor Car AC Printing & Stationery A/C Rajhans Co-Op.
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Answer:
Prepaid Insurance Alc Ram Trading Co.
A/C Insurance Premium AIC Plant & Machinery Alc Goodwill AC Loss by Fire Alc Motor Car AC Printing & Stationery A/C Rajhans Co-Op.
Explanation:
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