Home » Accounts (Principles of Accounts) » Rent receivable account is an example ofRent receivable account is an example of Rent receivable account is an example of A. nnorminal account B. real account C. personal account D. private account Correct Answer: Option A Explanation Related Posts One of the objective of maintaining the account of a branch at the head office… The undistributed profits of a limited liability company is The accounting concepts which assumes that business will continue to be in existence into the… Asa Company bought a vehicle worth N20,000 and the vehicle is to be depreciated at… (begin{array}{c|c} & N\ hline text{Land and building} & 20,000\ Stock & 5,000\ text{Cash in hand}… Profit or loss in a partnership is usually arrived at after deducting from gross profit…
