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Capital account as well as Drawings account are Personal accounts !!!

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16y ago

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Is capital account is real account or nominal account?

Real Account


What type of account is capital?

Personal account


Is Investment Account a Real Account?

it is a personal account


Is investment account real account?

it is a personal account


Is capital reserve a nominal account or real account?

yes


Is bank account is real account or personal account?

see first tell me wat is bank overdraft..... its is real or personal... ans.personal...every bank a/c is personal a/c.. and though bank is payable or receivable its is personal a/c only....


Is bank account a real account in accounting?

No bank account is a Personal account in Accounting


Is interest on capital a personal real or nominal account?

Interest on capital is considered a nominal account. Nominal accounts are associated with expenses, incomes, gains, and losses, and they are closed at the end of an accounting period. Since interest on capital represents a cost or an expense incurred by a business, it falls under this category.


Is liability is a real account?

It may be real account or personal account depending upon the type of liabilities. it can however never be a nominal account


Is loan account real nominal or personal?

Loan account is a personal account in nature so increase with debit and decrease with credit.


Is bills payables a real account?

No, bills payables is not a real account but it is a personal account .My answer:Bills receivable is a real account. Bills receivable for one person is bills payble for another person. The same instrument cannot be Real for one person and personal for another. Hence, in my opinion Bills payable is also a real account.


Which link is the real personal mj Facebook account on?

Michael never had a personal account, only a fan page.