Classify the following accounts under the types of Personal, Real, and Nominal accounts:

i. Computer A/c

ii. Legal Expenses A/c

iii. Fixed Deposit A/c

iv. Income Receivable A/c

v. Audit Fees A/c

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1 Answers

i. Real Account

ii. Nominal Account

iii. Real Account

iv. Personal Account

v. Nominal Account

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