Concept:Accounts are grouped according to the person or thing they represent.
Explanation:Personal accounts relate to individuals, firms, or organisations.
Examples are debtors, creditors, banks, and the owner’s capital account.
Impersonal accounts do not bear a person’s name.
They are further split into real accounts, like assets, and nominal accounts, like expenses and incomes.
Therefore, the main classification is personal and impersonal accounts.
Answer:D. personal and impersonal account