Answer Posted / kunal $rivastava
There are mainly three types of account
1. Real Account
2. Nominal Account
3. Personal Account
Ex of Real account -- Bank Account
Ex of Personal Account -- Capital Account, Drawings Account
Ex of Nominal Account -- Outstanding account, Payable accounts
| Is This Answer Correct ? | 15 Yes | 15 No |
Post New Answer View All Answers
Ram retired from partnership. The partners with mutual consent agreed to put the capital balance as on the date of retirement as loan to the firm @ 18% pa. The credit balance to his capital account was Rs 325000/- Pass necessary entry
hi guys, pls refer me how to preppare for Indian Bank exams.
why cost center is assign to gl account in sap
how to mention last year profit of ay private limited company in current year balance sheet ?
what is dieerence between capital cpapital structure
what do you mean indirect expanse in trading business?
i have need full detail of tds rules and forms submitted dovetails
Do I need a waybill in the following case:- If I purchase (on bill) small quantity goods (like artificial jewelry) from one state (say Delhi) and transports it personally (say via flight) to other state (say West Bengal) along with my personal belongings and then I put them to sell through my boutique in that state. Do I need waybill? If yes, what will be the procedure? Do I need to pay entry tax at WB? What will be the procedure? Am I doing anything unlawful while transferring goods personally? Please give your advice. Regards, Manoj
Expand MNS
what is the document spliting?
Ram, the proprietor brought additional capital of Rs 75000/- by pledging his wifes gold.pass entry
what is monetary polasy and how it is different from trade polacy? how it will impact on stockmarkets in India?
Entrance Exam question & Answer required
what type of a/c these accounts are are tey real, nominal or personal (1)realisation a/c (2)new company a/c(3)equity share holders a/c
Assets are held in the Business for the purpose of____________________
