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How many types of account example pls

Answers were Sorted based on User's Feedback



How many types of account example pls..

Answer / gaurav kumar yadav

There are 3 types of Accounts :-
1. Personal Account
2. Real Account
3. Nominal Account
Debit what comes in , Credit what goes out.

Debit all expenses and l;oses. Credit all income and gains

Debit receiver and credit giver

Is This Answer Correct ?    5 Yes 6 No

How many types of account example pls..

Answer / sujal koirala

there are three types of account.They are-
1) personal a/c: debit the receiver and credit the giver

2) real a/c: debit-what comes in and credit:what goes out

3) nominal a/c: debit-expenses an losses
credit-incomes and gains

Is This Answer Correct ?    0 Yes 1 No

How many types of account example pls..

Answer / mohammed fayyaz

My best Accounting please write YES.

There are 3 Types of Accounts
1: Personal Account
Rule of Personal Account
DEBIT THE RECEIVER
CREDIT THE GIVER

2: Real Account
Rule of Real Account
DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT

3: Nominal Account
Rule of Nominal Account
DEBIT ALL THE EXPENSES

Is This Answer Correct ?    0 Yes 1 No

How many types of account example pls..

Answer / b.n.maitra

Then, Bank A/c is an Artificial Personal A/c???

Is This Answer Correct ?    3 Yes 7 No

How many types of account example pls..

Answer / virendra rajput

THERE ARE THREE TYPES OF ACCOUNT
1 PERSONAL
2 REAL
3 NOMINAL

Is This Answer Correct ?    0 Yes 4 No

How many types of account example pls..

Answer / mohammed arif

There are Three types of Account which are as follows.

1) Personal Account
2) Nominal Account
3) Real Account

Personal Account: Debit the giver and Credit the receiver.
Example: Person, Bank , Firms, Trust etc.....

Nominal Account: Debit All expenses Losses and Credit All
income gains.
Example: Salaries paid Rent Paid (Expenditure)
Commission Received, Dividend Received (Income)

Real Account: Debit what comes in Credit What goes out
Example: Assets Cash Machinery Lease hold Goodwill
investments etc........

Is This Answer Correct ?    8 Yes 17 No

How many types of account example pls..

Answer / er.pavan mishra

There are four type of account that are-

1.Personal Account
2.Trading Account
3.Profit & Loss Account
4.Nominal Account

Is This Answer Correct ?    7 Yes 18 No

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