How many types of account example pls
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Answer Posted / deepak subhash kaldate
there are three type of account
1]personal a/c
2]real a/c
3]nominal a/c
in detail.
1]personal a/c = debit is the receiver and credit is the
giver.
2]real a/c = debit means what comes in and credit means
what goes out.
3]nominal a/c = debit is expenses and losses and credit
is income and gain
| Is This Answer Correct ? | 4 Yes | 2 No |
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