How many types of account example pls
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Answer Posted / yogesh vishwakarma.
There are three types of Accounts:
Personal,Real And Nominal Accounts.
In Personal Accounts:
Debit the Receiver credit the Giver.
In real Account:
Debit what comes in.And credit what goes out.
In Nominal Account:
Debit all the expenses and credit all the incomes and gains.
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