Multiple choice

Which of the following are the debtor accounts as per the traditional classification of accounting?

  1. Personal (natural) accounts

  2. Nominal accounts

  3. Real accounts

  4. Personal (representative) accounts

  5. Personal (artificial) accounts
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A Correct answer
Explanation

They are the accounts which relate to individuals. Mohan’s a/c, Shyam’s a/c etc. are a few examples. 

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