How many types are accounts head?
Answers were Sorted based on User's Feedback
Answer / vijesh
http://www.hpseb.com/manuals/Final%20Chart%20of%20Accounts%20Corrected%20up%20to%2013-3-2003.pdf
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / aftab
You can have as many accounts head as you need according to the nature of your organisation but you need at least five minimum heads of accounts,
1-Assets A/c 2-Expense A/C 3-Liabilities A/C 4-Income A/C 5-Capital A/C
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / sheeba m.k
accounts head :- personal, real and nominal.
accounts groups:- asset,liability,income and expense
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / anshuk doliya
Three types of A/cs.
Real A/c - Dr. comes in & Cr goes out
Nominal A/c - Dr. all the Exps. & losses and Cr. all income
& gains
Personal A/c. - Dr. Receiver & Cr. Giver
| Is This Answer Correct ? | 4 Yes | 4 No |
Answer / yadunandan
Balance sheet, Trading a/c & profit & Loss A/c of all
accounts
| Is This Answer Correct ? | 2 Yes | 4 No |
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