Question

Which types of accounts are capital account drawing account outstanding wages account and interest accrued account?

Answer 1

Answer:

capital a/c :- Personal A/c ( rule debit the receiver and credit the giver and introduce of capital in business will be treated as liability from business point of view.

Drawing A/c - personal A/c

outstanding wages - Nominal A/c

interest accured account - Nominal a/c

Answer 2

Answer:

Explanation:

capital a/c :- Personal A/c ( rule debit the receiver and credit the giver and introduce of capital in business will be treated as liability from business point of view.

●Drawing A/c - personal A/c

◆outstanding wages - Nominal A/c

♀interest accured account - Nominal A/c