Realisation Account is -
(A) Personal A/C
(B) Nominal A/C
(C) Real A/C
(D) None of these
1 Answers
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i. The account on which overdraft facility is allowed by the bank. ii. Extract of ledger account of the account holder in the books of the bank.
i. Current Account ii. Pass Book iii. IFSC (Indian Financial System Code) iv. Bank Reconciliation Statement v. Overdraft as per Pass Book
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For `a`, `b`,`c` non-zero, real distinct, the equation, `(a^(2)+b^(2))x^(2)-2b(a+c)x+b^(2)+c^(2)=0` has non-zero real roots. One of these roots is als
Correct Answer - C `(c )` ` (a^(2)+b^(2))x^(2)-2b(a+c)x+b^(2)+c^(2)=0` `D=4b^(2)(a+c)^(2)-4(a^(2)+b^(2))(b^(2)+c^(2))` `=-4(b^(4)-2b^(2)ac+a^(2)c^(2))` `=-(n^(2)-ac)^(2)` For real roots, `D ge 0` `implies -4(b^(2)-ac)^(2) ge 0` `implies b^(2)-ac=0` `implies` Roots are real and equal. `:.` Roots...
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Receipts and payments Account is a - (A) Personal Account (B) Real Account (C) Nominal Account
Correct option is: (B) Real Account
2 Answers 1 views
Current Account is - (A) Personal Account (B) Real Account (C) Nominal Account (D) None of these
Correct option is: (A) Personal Account
2 Answers 1 views
General Reserve Account always shows - (A) Debit balance (B) Credit balance (C) Debit & credit balance (D) None of these
Correct option is: (A) Debit balance
2 Answers 1 views
At the time of dissolution of firm, book value of Assets is recorded in which side of the Realisation A/C ?
Correct option is: (A) Debit side
2 Answers 1 views
Realisation expenses are recorded in which side of Realisation Account ?
Correct option is: (C) Debit
2 Answers 1 views
Premium on Redemption of Debenture A/C is - (A) Personal account (B) Real account (C) Nominal account
Correct option is: (D) Suspense account
2 Answers 2 views
Amount withdrawn by the owner for his personal expenses is called __________ (a) Drawings (b) Personal expenses (c) Cash (d) Assets
Correct option is (a) Drawings
2 Answers 1 views
What is a Nominal Account?
The account relating to business expenses, incomes, and gains is called a nominal account. e.g. Rent A/c.
2 Answers 1 views