Which of the following are impersonal accounts ?

I. Investment

II. Creditors

III. Premises

IV. Debtors

V. Salaries

  • A Investment
  • B Salaries
  • C I, III and IV
  • D I, III and V
  • E II and IV
  • F III and V
waec 2016accounting

The correct answer is D. I, III and V

impersonal account; any account other than a personal account, being classified as either a real account, in which property is recorded, or a nominal account, in which income, expenses and capital are recorded.

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