Question

Q.6 Classify the following accounts under the types of Personal, Real and Nominal account.
1) Mr. Rohit's capital A/c
2) Loose Tools A/c
3) Drawing A/c
4)Cartage A/c
5) Prepaid Rent A/c
6) Copyright A/c
7) Patent Al/c
8) Outstanding Income A/c
9) Prepaid Expenses A/c
10) Commission Received A/c
11) Freight A/c
12) Plant and Machinery A/c
13) Sundry Income A/c
14) Live Stock A/C
15) Goods distributed as free sample A/c
16) Radhika's A/c
17) Outstanding Wages A/C
18) Loss on Sale of Furniture A/C
19)Bank of Maharashtra A/c
20) Loan A/c
21) Computer A/C
22) Legal Expenses A/c
23) Fixed Deposit A/C
24) Income Receivable A/c
25) Audit Fees A/c
26) Trademark A/c
27) Loss by fire A/c
28) Motor Car A/c
29) Income tax A/c
30) GST A/c (Goods and Service Tax)
31) Siddhivinayak Trust A/c
32) Offfice Equipment A/c
33) Stock of Stationery A/c
34) Indian Railways A/c
35) Income Received in Advance A/c
36) Dividend on Investment Advance Alc
37) Discount A/C
38) Raj & company A/c
39) Repairs A/c
40) Royalty A/c/​

Answer 1

Answer:

1. p
2. r
3. n
4. p
5. n
6. r
7. r
8. n
9. n
10. n
11. p
12. r
13. n
14. r
15. n
16. p
17. n
18. n
19. p
20. n
21. r
22. n
23. n
24. n
25. n
26. r
27. p
28. p is for personal r is for real n for nominal