Principles of Accounting

Personal account

Real account

Nominal account

Machinery account

Cash account

Drawing account

Capital account

Expense account

Cash a/c

Sale A/c

Purchases a/c

Expense a/c

All management functions

Controlling functions

Coordinating management functions

None of these

Real accounts

Proprietary accounts

Personal accounts

Nominal accounts

Entry book

Transaction book

Chronological book

Voucher

Ledger

Journal

Trial balance

Balance sheet

Owner’s drawings a/c

Expenses a/c

Cash a/c

Capital a/c

Chronological record

Daily record

Analytical record

None of these

Balancing

Journalizing

Posting

None of these