The three columns on each side of a three columnar cash book represent

CS CSEET · Business Economics & Fundamentals of Accounting and Auditing · PYQS · June 2013
The three columns on each side of a three columnar cash book represent
(A) Real and personal accounts
(B) Real and nominal accounts
(C) Personal and nominal accounts
(D) Real, personal and nominal accounts.

Answer & Explanation:

Correct Answer: Option (B)

Correct answer: (B) Real and nominal accounts.

Topics: Fundamentals of Accounting

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