a-2, b-3, c-4, d-1
a-3, b-2, c-4, d-1
a-4, b-3, c-2, d-1
a-1, b-2, c-3, d-4
Answer is Right!
Answer is Wrong!
The correct answer is: D. a-1, b-2, c-3, d-4
- Accrued interest is an income item that is recorded in the books of accounts when interest has been earned but not yet received. It is a real account because it represents an asset of the company.
- Special donation received for hockey tournament is an income item that is recorded in the books of accounts when a donation is received for a specific purpose. It is a nominal account because it represents revenue of the company.
- Football club is a personal account because it represents an asset of the owner of the club.
- Patent rights are a real account because they represent an asset of the company.
Here is a brief explanation of each option:
- Option A: This option is incorrect because it matches accrued interest with a nominal account. Accrued interest is a real account.
- Option B: This option is incorrect because it matches special donation received for hockey tournament with a real account. Special donation received for hockey tournament is a nominal account.
- Option C: This option is incorrect because it matches football club with a real account. Football club is a personal account.
- Option D: This option is correct because it matches each item in List-I with the correct item in List-II.