Login

Remember

Register

EasyElimu Questions and Answers

Questions
Unanswered
Tags
Users
Ask a Question

Classify each of the following accounts in the table below as either real, nominal, or personal

0 votes

275 views

asked Aug 3, 2021 in Business Studies Form 3 by anonymous

Classify each of the following accounts in the table below as either real, nominal, or personal

Account
Premises
Rental income
Debtor otieno
Discount allowed

the ledger

Please log in or register to answer this question.

1 Answer

0 votes

answered Aug 3, 2021 by anonymous

Account	classification
Premises	Real
Rental income	Nominal
Debtor otieno	Personal
Discount allowed	Nominal

Please log in or register to add a comment.

Related questions

0 votes

1 answer

Use a (√) to classify the following accounts as either personal, impersonal or private.

asked Aug 24, 2021 in Business Studies Form 3 by anonymous

the ledger

0 votes

1 answer

The accounts of Maneno Traders showed the following balances as at 31st December 20-2. Required: Balance off the accounts and extract a trial balance

asked Aug 3, 2021 in Business Studies Form 3 by anonymous

books of original entry
accounts
the ledger

0 votes

0 answers

Explain the meaning of the following types of accounts

asked Aug 2, 2021 in Business Studies Form 3 by annbrendah

the ledger

0 votes

1 answer

Post the following transactions to the relevant ledger accounts and balance them off.

asked Jun 25, 2021 in Business Studies Form 3 by anony mous

the ledger
recording business transaction in the ledger accounts
balancing a ledger account

0 votes

1 answer

Yogen had the following transactions with a creditor, Sulem, 2017 June 1 Balance from May 14,000 2 Bought stock from Sulem on credit Kshs. 80,000 4 Returned faulty goods to Sulem Kshs. 2,000 7 Paid Sulem the debt by cash less 2% discount. Prepare Sulem’s account as it would appear in the books of Yogen.

asked Aug 3, 2021 in Business Studies Form 3 by anonymous

the ledger
books of original entry

Welcome to EasyElimu Questions and Answers, where you can ask questions and receive answers from other members of the community.

Categories

All categories
Mathematics (632)
English (287)
Kiswahili (559)
Chemistry (663)
Physics (604)
Biology (659)
Geography (537)
History (568)
CRE (365)
IRE (53)
Agriculture (519)
Business Studies (379)
- Business Studies Form 1 (153)
- Business Studies Form 2 (104)
- Business Studies Form 3 (94)
- Business Studies Form 4 (27)
Computer Studies (20)
Home Science (60)
General Questions (432)

6.4k questions

9.6k answers

6 comments

590 users

XML Sitemap

© EasyElimu Educational Services 2024

...