Railway freight is which type of account ??
a) Real account
b)Nominal account
c)Persomal account
State reason also
Answers
Answer:
Chassify the following accounts under the types of Personal. Realand Nominal account.
1) Mr. Rohin's capital AC
2) Loose Tools Ac
4) Cartage AC
5) Prepaid Rent A
6) Copyright Alc
7) Patent Ad
8) Outstanding Income Alc
9) Prepaid Expenses Ale
10) Commission Received Ale
11) Freight Ac
12) Plant and Machinery Alc
13) Sundry Income Ac
14) Live Stock Alc
5) Goods distributed as free sample Alc 16) Radhika's Alc
17) Outstanding Wages Alc
18) Loss on Sale of Furniture Alc
9) Bank of Maharashtra Ald
20) Loan Alc
1) Computer AC
22) Legal Expenses A/c
3) Fixed Deposit A/C
24) Income Receivable Alc
5) Audit Fees Alc
26) Trademark A/C
7) Loss by fire A/C
28) Motor Car Alc
) Income tax A/C
30) GST A/C (Goods and Service Tax)
) Siddhivinayak Trust A/c
32) Office Equipment A/c
Stock of Stationery A/c
34) Indian Railways A/C
Income Received in Advance A/C 36) Dividend on Investment Advance
Discount A/C
38) Raj & company A/c
Repairs A/C
40) Royalty A/C
it is a type of nominal account