Accounting · Classification of Accounts

An Outstanding Expenses Account falls under which category of accounts?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Real Account
2Personal Account✓
3Nominal Account
4Income and Expenditure Account

Correct answer

Personal Account

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An Outstanding Expenses Account falls under which category of accounts?

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An Outstanding Expenses Account falls under which category of accounts?

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