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How many types of account example pls
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Answer / dianne
there are tree types of account;personal account,nominal
account and real account.
| Is This Answer Correct ? | 87 Yes | 20 No |
Answer / shameem
There are three types of accounts namely
personal,real,nominal accounts.
personal accounts records a business dealings with persons
or firms.
Real accounts relating to properties and assets which are
owned by the business concern.
nominal accounts deal with expenses and losses and incomes
and gains
| Is This Answer Correct ? | 32 Yes | 9 No |
Answer / mohd ajmal
accounts are basically three types,
1:PERSONAL ACCOUNTS:Which are related with accounts
individuals,firms,companies,financial institution are
pesonal account.these r three types.
a:natural personal accounts.
b:artificial personal accounts.
c:representative personal accounts.
2:REAL ACCOUNTS:Real accounts related to
assets,properties.these may classified into tangible real
account intangible real account.the accounts relating to
tangible assets such as
building,plant,machinery,cash,furniture,etc.intangible real
accounts are accounts related to intangible assets such as
good will, trademark,copyright,patents etc.
3:NOMINAL ACCOUNTS:The accounts related to
income,expenses,losses,gains are classified as nominal
accounts.4 ex,wages accounts,rent account,interest
accounts,salary accounts etc.fall in category of nominal
accounts.
| Is This Answer Correct ? | 26 Yes | 6 No |
Answer / paridhi
REAL, NOMINAL, PERSONAL ACCOUNT ARE THREE TYPES OF ACCOUNT
| Is This Answer Correct ? | 26 Yes | 9 No |
Answer / snehal
There 3 types of Account.
1. Real Account - Debit what comes in
Credit what goes out
2. Personal Account - Debit the receiver
Credit the giver
3. Nominal Account - Debit all expenses & losses
Credit all gains & incomes
| Is This Answer Correct ? | 23 Yes | 8 No |
Answer / robin sharma
All the Account Based on these formula:
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 ? | 15 Yes | 2 No |
Answer / manish kumar
There are Two Types of Accounts.
1. Personal &
2. Impersonal
Yes Impersonal contains two accounts.
a. Real Accounts &
b. Nominal Accounts
so, we can conclude there are three classified accounts.
1. Personal account
2. Real account (Impersonal)
3. Nominal account (Impersoanl)
| Is This Answer Correct ? | 11 Yes | 3 No |
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