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How many types of account example pls
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Answer Posted / prem
There are three typea of account
1 personal account Debit the recievr creadit the giver
eg ram a/c sundar a/c company a/c
2 real acount debit whats comein and creadit what
goesout
eg furniture a/c goodwil a/c
3 nominal account debit all expenses losses and creadit
all income and gains
eg wages a/c commison a/c
| Is This Answer Correct ? | 3 Yes | 1 No |
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