Q21.Bank account is a
(1) Personal Account.
(2) Real Account,
(3) Nominal Account.
(4) None of these.
Answer
Personal Account.
Related Questions on Introduction to Accounting
Q22.Accounting provides information on
(1)Company’s tax liability for a particular year
(2)Cost and income for managers
(3)All of the above
(4)Financial conditions of an institutions
Answer
All of the above
Q23.
(1)
(2)
(3)
(4)
Answer
Q24.
(1)
(2)
(3)
(4)