How many types of account example pls
Answers were Sorted based on User's Feedback
Answer / shilpa
There are 3 types of Accounts.
They are:-
1) Personal Acccount:- Debit the Receiver
and
Credit the Giver
Eg:-Name of the Person,Name of the Company,etc.
2) Real Account:- Debit what comes in
and
Credit what goes out
Eg:- Property a/c,Assest a/c
3) Nominal Account:- Debit Expenses & Loses
and
Credit Profit & Gains
Eg:- Rent,Salary,etc..
Is This Answer Correct ? | 853 Yes | 68 No |
Answer / prami
There are three types of accounts.They are
Personal Account.
Real Account.
Nominal Account.
ex:
personal a/c: rama a/c,krishnaa/c, jaya a/c,prami a/c.
Real a/c: cash a/c.
nominal a/c:salary a/c, commission a/c, rent a/c.
Rules:
personal a/c: debit the receiver,credit the giver.
real a/c:debit what comes in ,credit what goes out.
nominal a/c:debit all incomes and gains, credit all
expences and losses.
Is This Answer Correct ? | 486 Yes | 170 No |
Answer / mudassir
There are three types of Accounts
Personal Accounts Real Accounts Nominal Accounts
Is This Answer Correct ? | 320 Yes | 36 No |
Answer / a. shaik alaudeen
There are three types of accounts:
1) Personal Account:
Debit the receiver, Credit the giver.
2) Real Account:
Debit what comes in, Credit was goes out.
3) Nominal Account :
Debit all the expenses and losses and credit all the
incomes and gains...
Is This Answer Correct ? | 255 Yes | 23 No |
Answer / nishita nahar
there r three type of a/c 1st is personal,2nd is real, 3rd
is nomiala/c.
Is This Answer Correct ? | 236 Yes | 39 No |
Answer / sachin
There are three types of accounts which are as follows.
(1).Personal A/c:- it relates to any person (e.g.
individual,any artificial person like company,firm,an
institute etc.)
This may be further classified:-
Natural Personal A/c:-it relates with natural person e.g.
Raj,sachin,Mohit etc.
Artificial Personal A/c:-It relates with artificial person
e.g. company,club,and bank etc.
Representative Personal A/c:-It represent the other person
e.g. Outstanding Salary A/c,Prepaid Exp. A/c,wages
outstanding A/c.etc.
Rule:- Dr.the receiver and Cr.the giver.
(2).Real A/c:-It relates to any assets.
e.g.land,building,machinery,furniture & fixture etc.
it relates to "TANGIBLE" as well as "INTANGIBLE" assets.
Tangible Assets:- Which can be touch & seen. e.g
Land,Building Furniture etc.
Intangible Assets:- Which can't be touch & seen e.g
Goodwill,Patent,Trademarks etc.
Rule:- Dr.what comes in and Cr.what goes out.
(3).Nominal A/c:-It realtes to expenditure & incomes. e.g.
Rant,Wages,Traveling Exp. Salaries etc.
Rule:- Dr.all Expenses & Losses and Cr.All Incomes &
gains.
Is This Answer Correct ? | 139 Yes | 14 No |
There are three types of account
personal-company-abc comopany ltd
representative-outstanding a/c
name-ram a/c
real-tangible-land and building
intangible-patents
nominal-income-dividend reicieved
expenses-rent paid
Is This Answer Correct ? | 164 Yes | 45 No |
Answer / yogesh vishwakarma.
There are three types of Accounts:
Personal,Real And Nominal Accounts.
In Personal Accounts:
Debit the Receiver credit the Giver.
In real Account:
Debit what comes in.And credit what goes out.
In Nominal Account:
Debit all the expenses and credit all the incomes and gains.
Is This Answer Correct ? | 137 Yes | 23 No |
Answer / arpit bhangadiya
there are three types of accounts:-personal a/c,real
a/c,nominal a/c
Is This Answer Correct ? | 129 Yes | 25 No |
Answer / yogesh vishwakarma
There Are three Types of Accounts They Are:-
Personel A/c
Real A/c
Nominal A/c
Personel A/c :- Debit The Reciever Credit the Giver
Real A/c :- Debit what comes in Credit what Goes Out
Nominal A/c :- Debit All The expenses And Losses Credit All
the Income And Gains.
Is This Answer Correct ? | 127 Yes | 26 No |
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