Question 18
Double Entry and the LedgerWhich of the following is an impersonal nominal account?
- A.Salaries Account
- B.Machinery Account
- C.Debtors Account
- D.Creditors Account
Show the answer and explanation
Answer: A (Salaries Account)
Explanation
Salaries is an expense, a nominal (impersonal) account; machinery is real, debtors and creditors are personal.