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give me some simple examples of personal account, real
account, nominal account



Answers were Sorted based on User's Feedback



give me some simple examples of personal account, real account, nominal account ..

Answer / deepak

personal a/c is the receiver a/c dr or the giver a/c cr
real a/c is what comes in dr or what goesout cr
nominal a/c is expense and loss dr or income and gain cr

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give me some simple examples of personal account, real account, nominal account ..

Answer / raghu.v.

Ram.Raghu, > Per a/c.
Cash /All fixed assets >Real.
All expenses ,Salary >Nominal.

Is This Answer Correct ?    3 Yes 0 No

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