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CBSE Class 11-commerce Answered

Following accounts are being maintained in the books of Mr.Vipul. Classify them under personal, real, and nominal accounts. Land Goodwill Bad debts recovered Depreciation Freight Interest received Bank overdraft Investments Drawings Repairs incurred Purchase returns Discount allowed  
Asked by Topperlearning User | 14 Jun, 2016, 11:36: AM
answered-by-expert Expert Answer

Personal Account

Real Account

Nominal Account

 i. Bank overdraft

 ii. Drawings

 

 i. Land

 ii. Good will

iii. Investments

iv. Purchase returns

 

 i. Bad debts recovered

 ii. Depreciation

 iii. Freight

 iv. Interest received

 v. Repairs incurred 

 vi. Discount allowed

 

 

 

Answered by | 14 Jun, 2016, 01:36: PM
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