How many types of account example pls
Answer Posted / manish kumar
There are Two Types of Accounts.
1. Personal &
2. Impersonal
Yes Impersonal contains two accounts.
a. Real Accounts &
b. Nominal Accounts
so, we can conclude there are three classified accounts.
1. Personal account
2. Real account (Impersonal)
3. Nominal account (Impersoanl)
| Is This Answer Correct ? | 11 Yes | 3 No |
Post New Answer View All Answers
How do you manage the sales account in tally
Distinguish between sale and consignment
Short Answer on ______________House Rent allowance
What are the rates of Depreciation? Like machinery items, wooden items?
Paid office electricity charges Rs 15000/- and Ram partners residence electricity charges 1250 thr andhra bank cheque
How do we return the loan in equal installments with interest in tally
what is an advance against expenses
Why we reconcile our debtors? what steps we taken during reconciliation.
Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?
What is DECR And for wt it is used?
what is a depository?
What will your outlook towards maintenance of liquid assets to ensure that the firm has adequate cash in hand to meet its obligations at all times
Is depreciation a expense or income?
where we have file E-returns in SAP FICO-CIN/Wtax?
What is Home Loan Modification?