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Question No 02 Chapter No 5
2. Under what heading would you classify the following account into Real A/c, Personal A/c and Nominal A/c
| (i) | Building Account | (viii) | Horses and carts account |
| (ii) | Bill Receivable Account | (ix) | Discount allowed Account |
| (iii) | Outstanding salary Account | (x) | Prepaid tax Account |
| (iv) | Sales return Account | (xi) | Depreciation Account |
| (v) | Loan from Bank Account | (xii) | Bad Debts Account |
| (vi) | Bank Overdraft Account | (xiii) | Closing Stock Account |
| (vii) | Interest on capital Account | (xiv) | Rent Payable Account |
| Real Account | Personal Account |
Nominal Account |
|---|---|---|
| (i) Building Account | (iii) Outstanding Salary A/c | (iv) Sale return A/c |
| (ii) Machinery Account | (v) Loan from bank A/c | (vii) Interest on capital A/c |
| (viii) Horses And Carts Account | (vi) Bank overdraft A/c | (ix) Discount allowed A/c |
| (xiii) Closing Stock A/c | (x) Prepaid tax A/c | (xi) Deprecation A/c |
| (xiv) Rent payable A/c | (xii) Bad Debts A/c | |
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Also, Check out the solved question of all Chapters: –
Chapter No. 2 - Theory Base of Accounting
Chapter No. 3 - Origin of Transactions
Chapter No. 4 - Vouchers and transactions
Chapter No. 6 - Accounting for Goods and Services Tax(GST)
Chapter No. 9 - Other Subsidiary Books
Chapter No. 10 - Journal Proper
Chapter No. 11 - Trial Balance
Chapter No. 12 - Bank Reconciliation Statement
Chapter No. 14 - Provisions and Reserves
Chapter No. 15 - Bills of Exchange
Chapter No. 16 - Rectification of Errors
Chapter No. 17 - Financial Statements - (Without Adjustments)
Chapter No. 18 - Financial Statements - (With Adjustments)
Accounting & Commerce Educator
Sarbjit Singh holds a B.Com and M.Com degree and has over 12 years of teaching experience in double entry bookkeeping, financial accounting, and business studies.
This guide covers "Question No 02 Chapter No 5 - USHA Publication 11 Class", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to USHA Publication +1 Elements of Book-Keeping.
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