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How many types of account example pls
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Answer Posted / a. shaik alaudeen
There are three types of accounts:
1) Personal Account:
Debit the receiver, Credit the giver.
2) Real Account:
Debit what comes in, Credit was goes out.
3) Nominal Account :
Debit all the expenses and losses and credit all the
incomes and gains...
| Is This Answer Correct ? | 255 Yes | 23 No |
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