Explanation:

- Option 1: Personal Account

- These accounts relate to individuals, firms, or companies.

- They are used to record transactions with persons or entities.

- Option 2: Real Account

- These accounts pertain to assets and liabilities that are tangible.

- They are related to the company's possessions or resources.

- Option 3: Nominal Account

- These accounts deal with income, expenses, gains, and losses.

- They help determine the net profit or loss of an organization at the end of a financial period.

- Income and Expenditure account falls under this category.

- Option 4: Real and Nominal Account, both

- These accounts are not both, as real accounts are for physical items and nominal accounts for financial performance.