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How many types of account example pls
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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 |
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 |
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 |
Answer / b.n.maitra
Then, Bank A/c is an Artificial Personal A/c???
| Is This Answer Correct ? | 3 Yes | 7 No |
Answer / virendra rajput
THERE ARE THREE TYPES OF ACCOUNT
1 PERSONAL
2 REAL
3 NOMINAL
| Is This Answer Correct ? | 0 Yes | 4 No |
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 |
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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