[] POINTS TO REMEMBER [] Specially For CPT Students- . 1. Salary account is nominal account. 2. Prepaid salary a/c is a personal a/c. 3. Outstanding salary a/c is a personal a/c. 4. Interest received a/c is a nominal a/c. 5. Accrued interest is a personal a/c. 6. Interest receivable is a personal a/c. 7. Cash A/c is a real a/c. 8. Bank A/c is a personal a/c. 9. Advance to employee is a personal a/c. 10. Advance to suppliers is a personal a/c. 11. Goodwill is a real a/c. 12. Patent, Copyright,Trademark are real a/c. 13. Bad debt and Bad debt recovered are nominal a/c. 14. A free sample a/c is nominal a/c. 15. Cash book is a type of subsidiary book but treated as principal book of a/c. Share with ur Frndz too
Posted on: Fri, 12 Dec 2014 14:18:29 +0000
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