Which of the following is true?
A) Bank Account is a Personal Account
B) Stock of stationery Account is a Nominal Account
C) Returns Inward Account is a Personal Account
D) Outstanding rent Account is a Nominal Account
Correct Answer:
Verified
Q24: When a Fixed Asset is obtained as
Q25: Which of the following is/are fixed asset(s)?
A)Closing
Q26: Bank Overdraft is shown as a
A)Current Liability
Q27: Which of the following is NOT a
Q28: If Machinery Account is debited with the
Q30: Which of the following is a liability
Q31: Which of the following errors is an
Q32: The book which all accounts of the
Q33: ` 500 paid as cartage on new
Q34: ` 4,500 paid to Madan as salary
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