Explanation:

- Real Account: Deals with assets and properties. Examples include buildings and machinery. The Share Application Account doesn’t fit here.

- Personal Account: Represents individuals, firms, or institutions. The Share Application Account is treated as a personal account because it involves the entity representing applications from the public.

- Nominal Account: Deals with income, expenses, losses, and gains. Share Application Account is not an income or expense account.

- None of the above: Not applicable, as Share Application Account is categorized.

- Correct Answer: Option 2 - Personal Account