JAMB Accounting 2016 Objective — Question 1

Question 1 of 40 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2016 Objective paper, with the correct answer and a full explanation.

1. The impersonal account is subdivided into (a) personal and real accounts (b) nominal and personal accounts (c) real and nominal accounts (d) real and current accounts

A. personal and real accounts
B. nominal and personal accounts
C. real and nominal accountsCorrect
D. real and current accounts

Explanation

Impersonal account can be divided into real account such as asset account and nominal account such as debtors account.

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