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Proprietor’s Account is ________Account.
- a)Real
- b)Nominal
- c)Personal
- d)None of these
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Proprietor’s Account is ________Account.a)Realb)Nominalc)Persona...
A proprietor is an individual who owns and operates a business. They are responsible for all aspects of the business, including finances, decision-making, and day-to-day operations. A proprietor may be the sole owner of the business or may have partners, but they have ultimate control and authority over the business. They are also personally liable for any debts or legal issues that arise from the business.
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Proprietor’s Account is ________Account.a)Realb)Nominalc)Persona...
Proprieter is the owner and as per the nature of personal account the owner is a part of personal ac
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Proprietor’s Account is ________Account.a)Realb)Nominalc)Personald)None of theseCorrect answer is option 'C'. Can you explain this answer?
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