Impersonal account is subdivided into
...Impersonal account is subdivided into
Real and nominal accounts
Nominal and personal accounts
Real and current accounts
Personal and real accounts
Correct answer is A
IMPERSONAL ACCOUNTS represents accounts other than Personal Accounts. This may be sub-classified into:
a. Real Accounts, e.g. Asset Account; and,
b. Nominal Accounts, e.g. Income and Expenditure Accounts.
The document evidencing a disbursement of government fund is known as ...
Control accounts are also known as ...
Using the following information to answer the given question \(\begin{array}{c|c} Post & Gr...
Expense paid during the conversion of a partnership to a company are? ...
The chief accounting officer of a local government is the? ...
........................31/12/08...........31/12/09 Furniture and fittings..N21,000,............N...
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\(\begin{array}{c|c} Capital & Le\\ \hline Aye & 20,000\\ Bee & 30,000\\ Drawings & ...