Answer / bhairab sa

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.

Answer / karan singh

There are three types of account:-
1> Personal Account:- The accounts relating to induviduals, firms, associations or companies are known as personal accounts.
Debit the receiver.
Credit the giver.
2> Real Account:- The accounts rekating to all assets & properties are called real accounts.
Debit whats comes is.
Credit whats goes out.
3> Nomial Account:- The accounts relating to expenses, losses, incomes & gains are know as nominal accounts.
Debit all Expenses & Losses.
Credit all profit & gains. 

Answer / deepak subhash kaldate

there are three type of account
1]personal a/c
2]real a/c
3]nominal a/c

in detail.
1]personal a/c = debit is the receiver and credit is the
giver.
2]real a/c = debit means what comes in and credit means
what goes out.
3]nominal a/c = debit is expenses and losses and credit
is income and gain

Answer / prem

There are three typea of account
1 personal account Debit the recievr creadit the giver
eg ram a/c sundar a/c company a/c

2 real acount debit whats comein and creadit what
goesout

eg furniture a/c goodwil a/c
3 nominal account debit all expenses losses and creadit
all income and gains

eg wages a/c commison a/c

Answer / priyaranjan nayak

There are 2 types of Accounts.
1.Persional Account
2.Impersonal Account
The Persional Accounts are.
a. Natural persion's Accounts.
b. Legal Persion's Accounts.
c. Reperesentative persion's Accounts.
The Impersional Accounts are Two types.
(i)Real Accounts (ii)Nominal Accounts
The Real Accounts are.
a. Tangible Assets
b. Intagible Assets.
The Nominal Accounts are.
a. Expenses and Losses.
b. Incomes and Gains.

Answer / virendra puri

three types of account...
personal A/c , real A/c , nominl A/c.

Answer / ankama rao

broadly classified into two two head
1)personal accounts
basic rule:
debit the receiver
credit the giver
2)impersonal accounts
a)real accounts
basic rule:
debit what comes in
credit what goes out
ex:tangible assets such as buildings,
furniture,cash etc and also intangible assets
such as goodwill,trade marks etc.
b)nominal accounts
basic rule:
debit all expenses and losses
credit all incomes and gains
ex:salaries account,rent account,
commission account etc.

Answer / s. s. pathak

Basically, Accounts are nothing but according to Golden
Rule there are three types of the account-
Personal a/c
Real A/c
Nominal A/c
Personal A/c- Those accounts that denotes the transactions
with any person are called personal account.Such as,- Ram's
a/c; Mohan's a/c S.K & sons a/c; LIC CO. a/c
It is futher categorised into three categories-
1.Natural Personal A/c
2.Artificial Personal A/c
3.Representative Per. A/c
1.Natural Per. A/c:- Those accounts that denotes the
transactions with any natural person are called Natural
per. A/c

2.Artificial per. A/c:- Those accounts that denotes the
transaction with any firm, Company, Associations etc are
called Artificial personal A/c

3.Representative Per. A/c:- All those incomes and
expenditures which are outstanding or prepaid(dues/Advance)
for the currentf financial period are called representative
personal a/c

Real A/c:-Those accounts that denotes the transactions

Answer / kumkum gopal

There Are three Types of Accounts They Are:-
(1)Personal A/c
(2)Real A/c
(3)Nominal A/c

Answer / tere naam

all answers r available here. so dont see here.

Answered but misspelled pl correct ADMINISTRATIVE OVERHEADS -GROSS PROFIT=(ANS.SSOL)

1 Answers  

Define Payee

0 Answers  

Expand ________GHMC

1 Answers  

Expand A F C

1 Answers  

All shot cut key use in the tally software & it's uses

0 Answers  

The company asset(tempo)was sales, how to make sale tax return. and other entrys in tally.

1 Answers  

Expand MNS

1 Answers  

Let me know why we debit expenses and credit revenues

3 Answers  

What is the difference between straight line depriciation method and written down value method?

6 Answers   Deloitte, Sky n Sea Cargo,

Give a brief explanation of the fundamental accounting concept of prudence

0 Answers  

Any Two difference Between Debenture and bonds?

9 Answers   ABG Shipyard, Ecofast, Syntel,

A company disposed its old asset at rate lesser than its wdv Then how it will recorede and under what account group

1 Answers