Impersonal account is subdivided into
-
real and nominal accounts
- nominal and personal accounts
- real and current accounts
- personal and real accounts
The correct answer is: A
Explanation
IMPERSONAL ACCOUNTS represents accounts other than Personal Accounts. This may be sub-classified into:
a. Real Accounts, e.g. Asset Account; and,
b. Nominal Accounts, e.g. Income and Expenditure Accounts.