The correct answer is: B. Nominal Account
A nominal account is an account that is used to record expenses and revenues. It is a temporary account that is closed at the end of the accounting period.
A personal account is an account that is used to record transactions with individuals or businesses. It is a permanent account that is not closed at the end of the accounting period.
A real account is an account that is used to record assets and liabilities. It is a permanent account that is not closed at the end of the accounting period.
An impersonal account is an account that is used to record transactions that do not fit into any of the other categories. It is a permanent account that is not closed at the end of the accounting period.
Share allotment account is a nominal account because it is used to record the expenses and revenues associated with the issuance of shares. It is a temporary account that is closed at the end of the accounting period.