Bank is which type of account,
(a) Real,
(b) nominal,
(c) neither a nor b. ?

Question

kranti yadav · Answer

bank is neither real nor nominal,, irs persnal account

Paramdeep Singh Kler · Answer

C option reason bank is a personal account and in the given options personal account is not available.

Utilisateur supprimé · Answer

Nominal accounts are income statement accounts which are closed by end of the accounting year. Real accounts are the balance sheet accounts where balances at the end of the accounting year are carried forward to the next accounting year.

Ryan Adra · Answer

Bank is a real account which is inside the "Cash and Cash equivalents" line item on the Balance sheet and is treated as a current asset.

Anil Lalwani · Answer

Go for B com.
You can do it, week eye sight can be covered with eye glasses.
But once if time is gone that can not be covered.

komal naz · Answer

i want to do b com but my eye sight is weak can i join it? please guide me on

Naga Raj Ybn · Answer

C) It is Personal Account according to Golden rules of accounting convention

Sachin Jethani · Answer

It is neither A nor B. It is Personal Account.

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Bank is which type of account, (a) Real, (b) nominal, (c) neither a nor b. ?

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