Furniture Account is HomeFinancial Accounting MCQsFurniture Account isQ. Furniture Account isA. Real A/cB. Nominal A/cC. Personal A/cD. Representative Personal A/cAnswer: Real A/c
Rohit carrying on real estate business sold a piece of land for Rs.4,00,00,000 (cost Rs.3,50,00,000) then the type of receipt is nature and profit on sale is