Answer Posted / ashwini
Personal Accounts: Accounts dealing in the name of persons
company etc.
Real Accounts: Accounts dealing in the name of which one
exists. example Cash Furniture etc.
Nominal Accounts: Account dealing with one we cannot see
touch - example: Salary Electricity Charges Rent etc.
| Is This Answer Correct ? | 24 Yes | 6 No |
Post New Answer View All Answers
What is cash flow and fund flow?
What is the importance of accounting standards?
Mention whether the account "cash" will be credited or debited when a company pays a bill?
Which steps in Procurement to Pay process does FI documents get created.
purchase of Rs 1000 were rejected and returned,however vendor returned Rs 800 and balance Rs 200 is charged to sundry exp A/c
what is the difference between profit center area and business are.? please make me clear.
Define fair value accounting?
WHAT ABOUT YOUR SELF IN ACCOUNTING SYSTEM
What are document required by the bank to make payment for debit memo (Import). if we have allready made payment for orignal bill.
sir, i want t know, i got a cheque frm sindhu (that amount i gave her as rent advance, she is returning nw) bt the cheque has cancled and bank take cheque return charges so plz give this journal entries.
HELLO FRIENDS I WANTED TO THAT IS DUPLICATE KEY MAKING CHARGE IS UNDER THE HEAD OF GENERAL EXPENSES
Where the financial accounting fails the cost accounting for is rescue but still there are some limitations deficiencies in the system?
How many types of business transactions are there in accounting?
Scope and nature of Accounting
what do you mean byrecoupment of shortworkings in royalty accounts
