Question

Which type of account (real, personal, or nominal) includes the following expenses of a business?

Expenses like rent, transportation, and advertising are part of a business’ ______
account, because they are fictitious.

Answer 1

Answer: Nominal account

Step-by-step explanation:

Expenses like rent, transportation, and advertising are part of a business (Nominal) account, because they are fictitious.

Personal accounts are the accounts that have to do with individuals, or businesses. A real account is an account that isn't closed when the accounting period ends. The bqlnaces in the real account are carried to the following period. An example of this is cash.

Nominal account is an account that has a zero beginning balance at the start of the year. This is because when an accounting year ends, the nominal account will be closed.