Which of the following are impersonal accounts?

I. Investment
II. Creditors
III. Premises
IV. Debtors
V. Salaries

A. I, III and IV
B. I, III and V
C. II and IV
D. III and V

Correct Answer: Option D

D. III and V

Explanation

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.