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Question 2 Chapter 4 – Unimax
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2. Classify the following accounts into Real A/c , Personal A/c , Nominal A/c
| (i) Furniture Account | (ii) Sunil ( a supplier ) |
| (iii)Rahul (a customer) | (iv) Outstanding Salaries Account |
| (v) Sales Return Account | (vi) Bank Overdraft Account |
| (vii) Interest on Capital Account | (viii) Interest on Drawings Account |
| (ix) Discount Received Account | (x) Discount Allowed Account |
| (xi) Expense paid in advance | (xii) Depreciation Account |
| (xiii) Bad Debts Account | (xiv) Closing Stock Account |
| (xv) Commission earned but not Received Account | (xvi) Commission received in advance account |
The solution of Question 2 Chapter 4 – Unimax:
| (i) Furniture Account | = | Real Account |
| (ii) Sunil ( a supplier ) | = | Personal Account |
| (iii)Rahul (a customer) | = | Personal Account |
| (iv) Outstanding Salaries Account | = | Representative Personal Account |
| (v) Sales Return Account | = | Real Account |
| (vi) Bank Overdraft Account | = | Real Account |
| (vii) Interest on Capital Account | = | Nominal Account |
| (viii) Interest on Drawings Account | = | Nominal Account |
| (ix) Discount Received Account | = | Nominal Account |
| (x) Discount Allowed Account | = | Nominal Account |
| (xi) Expense paid in advance | = | Representative Personal Account |
| (xii) Depreciation Account | = | Nominal Account |
| (xiii) Bad Debts Account | = | Nominal Account |
| (xiv) Closing Stock Account | = | Real Account |
| (xv) Commission earned but not Received Account | = | Representative Personal Account |
| (xvi) Commission received in advance account. | = | Representative Personal Account |
This is all about the Question 2 Chapter 4 – Unimax. You can check out the following article to better understand:
Opening Journal Entry – its Rules and Examples
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Opening Journal Entry – its Rules and Examples – In Hindi
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You can also Check out the solved question of other Chapters: –
Advanced Accountancy – Unimax Class 11 – 2021 – Solution.
Part-I
- Chapter No. 1 – Introduction of Accounting
- Chapter No. 2 – Theory Base of Accounting
- Chapter No. 3 – Vouchers and Transactions
- Chapter No. 4 – Journal
- Chapter No. 5 – Goods and Services Tax (GST) : An Introduction
- Chapter No. 6 – Ledger
- Chapter No. 7 – Special Purpose Book – Cash Book
- Chapter No. 8 – Other Subsidiary Books
- Chapter No. 9 – Trial Balance
- Chapter No. 10 – Rectification of Errors
- Chapter No. 11 – Depreciation
- Chapter No. 12 – Provision and Reserves
- Chapter No. 13 – Bank Reconlciliation Statement
- Chapter No. 14 – Bills of Exchange
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Students may Choose only one part from the Part II and Part III
Part-II
- Chapter No. 15 – Financial Statements (Without Adjustments)
- Chapter No. 16 – Financial Statements (With Adjustments)
- Chapter No. 17 – Accounts from Incomplete Records – Single Entry System
Part-III
- Chapter No. 18 – Introduction to Compurters and Accounting information System
- Chapter No. 19 – Computerised Accounting
- Chapter No. 20 – Accounting Software : Tally
- Chapter No. 21 – Data Base System
- Chapter No. 22 – Concept of Entity and Relationship
You can also Check out the other Books’ Solution: –
- Usha Publication – Elements of Book-Keeping PSEB (Class 11) – Solution
- T.S. Grewal’s Double Entry Book Keeping (Class +1) – Solution
- D K Goel – New ISC Accountancy -(Class 11 – ICSE)- Solution