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BARSIC [14]
3 years ago
8

Explain the meaning of personal account,real account and nominal account,give five examples each​

Business
1 answer:
zysi [14]3 years ago
3 0

Answer:

<h3>An example of a Real Account is a Bank Account. A Personal account is a General ledger account connected to all persons like individuals, firms and associations. ... A Nominal account is a General ledger account pertaining to all income, expenses, losses and gains. An example of a Nominal Account is an Interest Account</h3>
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Answer:

mental and emotional disorders, health and behavioral problems, relationship issues

Explanation:

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3 years ago
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Which type of business produces processed goods by changing raw goods into a more finished form?
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Answer:

Bakeries are known for turning raw goods into things like bread

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2 years ago
Absorption and Variable Costing; Inventory Valuation Bondware Inc., has a highly automated assembly line that uses very little d
igor_vitrenko [27]

Answer:

Bondware Inc.

FIFO Inventory Method:

Ending Inventory (60 units):

Absorption Costing = $66,000

Variable Costing = $56,400

Explanation:

a) Data and Calculations:

Unit Production Costs for March:

Direct materials     $500

Variable overhead   440

Total variable cost $940

Fixed overhead        160

Total manufacturing

  costs per unit   $1,100

Calculation of Ending Units of Inventory:

Beginning units     100

Units produced = 500

Units sold =         (540)

Ending units =        60

Beginning Inventory, 100 units:

Absorption costing value = $90,000

Variable costing value = $76,000

FIFO Inventory Method:

Ending Inventory:

Absorption Costing = 60 * $1,100 = $66,000

Variable Costing = 60 * $940 =       $56,400

5 0
3 years ago
What are the functions of depository​ institutions? The functions of depository institutions include​ _______.
Yuri [45]

Answer: Creating liquidity

Explanation:

Depository institutions includes commercial banks, credit unions, savings and loans. Depository institutions receive money from the depositors and lend out to their borrowers.

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A computer shop with three processes (repair, upgrade, and checkout) has two types of customers (upgrade and repair/enhance). A
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