Personal Account, Impersonal Account, And Real And Nominal Account - SS1 Accounting Past Questions and Answers - page 1
1
Which of the following is an example of a personal account?
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A
Depreciation account
B
Bank account
C
Inventory account
D
Rent expense account
2
Which of the following is an example of an impersonal account?
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A
Customer account
B
Accounts payable account
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C
Sales account
D
Accounts receivable account
3
Which of the following is an example of a real account?
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A
Rent expense account
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B
Sales account
C
Accounts payable account
D
Equipment account
4
Which of the following is an example of a nominal account?
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A
Bank account
B
Depreciation account
C
Inventory account
D
Interest income account
5
Which type of account is used to keep track of transactions involving individuals or organizations?
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A
Real account
B
Nominal account
Â
C
Personal account
D
Impersonal account
6
What is a personal account and give an example of one?
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7
What is the difference between a real account and a nominal account?
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