Question

To which class each of the following Accounts belongs :

(iCapital account
(ii) Depreciation account
(iv) Purchase account
(0) Cash account
(iii) Sales account
(vi) Prepaid insurance account​

Answer 1

Answer:

ALNI Premium Moisturizing Foundation

Brand: ALNI

Finish: Natural

Type: Liquid

Multipack: 4

Dispatch: 2-3 Days

Explanation:

i) Paid Saibal, a creditor, 500 in cash.

Answer 2

Answer:

Explanation:

QUESTION;

To which class each of the following Accounts belongs :

• Capital account

• Depreciation account

• Purchase account
• Cash account

• Sales account

• Prepaid insurance account​

ANSWER:

• CAPITAL ACCOUNT ⇒ PERSONAL ACCOUNT

• DEPRECIATION ACCOUNT ⇒ NORMAL ACCOUNT

• PURCHASE ACCOUNT ⇒ NOMINAL ACCOUNT

• CASH ACCOUNT ⇒ REAL ACCOUNT

• SALES ACCOUNT ⇒ NOMINAL ACCOUNT

• PREPAID INSURANCE ⇒ PERSONAL ACCOUNT