Economics · Corporate Accounting

A 'Share Allotment Account' is classified under accounting principles as a:

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Impersonal Account
2Personal Account✓
3Nominal Account
4Real Account

Correct answer

Personal Account

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A 'Share Allotment Account' is classified under accounting principles as a:

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A 'Share Allotment Account' is classified under accounting principles as a:

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