How many types of account example pls
Answer Posted / priyaranjan nayak
There are three types of accounts.They are
Personal Account.
Real Account.
Nominal Account.
Personel A/c :- Debit The Reciever Credit the Giver
Real A/c :- Debit what comes in Credit what Goes Out
Nominal A/c :- Debit All The expenses And Losses Credit All
the Income And Gains.
| Is This Answer Correct ? | 6 Yes | 1 No |
Post New Answer View All Answers
what is ZBA hold & balance hold in banking?
I WANT ACCOUNT ASSISTANCE INTERWIEV QUETION IN L&T
what is Derivative Documentation,Derivative Settlements,Derivative confirmation?
What are the major responsibility's of an accountant? what are the qualities he /she requires?
please give me a last 10 years sbi clerk question and answer paper
business sepsarate entity concepts
after payment of interest of a loan account by using credit note voucher in tally 9........don't anyone thinks that we have to adjust the cash account by passing cr entry on journal for interest payment...
Is WCT paid to be considered as overhead during costing in construction firm?
Guest expenses Rs 5500/-on behalf of partner Aravind was written as Hospitality. Rectify it
How to enter PO in SAP
explain the financialand economic meaning of investment?
Expand----------SAMC
different between acconting and elective mathematics
post pscwb question and answer for accounting paper I & II for govt.officers departmental examination.
What is TDS entry for a Firm? as previous years TDS is shown as opening balance in the books of the firm in current year and i don,t want in C.Y as its claimed in the Computation of Previous Years???? So what is the A/C ing entry