Why Copyrights,patents,goodwill etc.etc. falls under real account and not nominal or personal account? I know anything which affect trading & Profit & Loss accounts are nominal accounts.And the above do not affect the Trading or P/L accounts but on the other hand they are intangible and neither can they fall under real accounts as Real accounts are those that are not personal and they are tangible. Again in another way if we see, Patents, Copyright ,Goodwill etc. etc. kindoff acts as a representative of a person or a company like in the same way as a Bank or Company name,so they can they not fall under Personal Account??

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Expand ________BLIS

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I am Lavanya i have been selected in HR round in HP INVENT and i have Operation round as next round may i know what will they ask here and after this what is the next round?????

0 Answers   Capital IQ,

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Expand ________GIR

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what is deffered revenue expenses and what is amortization expenses?

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What is Total Expenditure?

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Plz Tell Me the WHole knowlege Of Accounts,Wht Accounts Wht all taxes pzz Plz

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what are the acccounting standards ?

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Short Answer on _________Accounting

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find the sum of all the numbers 1 to 1000

14 Answers   Sutherland,

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if a manufacturing coampany is using tools for manufacure of machine , it would be called as direct expenses or factory overheads.

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what is the need for accounting standard?

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