Answer / kamal chandra tiwari

There are three types of account
1.Personal Account ( Debit the receiver & credit the Giver)
Bank,Firm,Trust,person,etc.
2.Real Account ( Debit what comes in & Credit what Goese
out)Ex. Furniture, Machinery, etc.
3.Nominal Account( Debit all losses & exp.& credit all
incomes gains.Capital, Asests, cash, bank cash etc,

Answer / neeraj

Real Account : Like Bank, cash account which is actual
account Physically can see.
Personal Account : Like Vendor account, these can be
created as Person name
Nominal account : Physically can't see. dabtors etc

Answer / satyaki_raju@yahoo.com

Learn and follow chronological order.The question is
explain kinds of accounts.If you list the names that is
enough.If you add rules of debit and credit it will be well
and good. Outstanding account is not Nominal account
Outstanding and payables belong to representative personal
accounts.
More over I am advising you to try to answer or post
question thru your e-mail. Thru this you can glance the
status of your answer.

Answer / kunal $rivastava

There are mainly three types of account
1. Real Account
2. Nominal Account
3. Personal Account
Ex of Real account -- Bank Account
Ex of Personal Account -- Capital Account, Drawings Account
Ex of Nominal Account -- Outstanding account, Payable accounts

What is Financial?

2 Answers   Capital IQ,

---

ACCOUNTING CONCEPTS AND CONVENTIONS

4 Answers   Bajaj, Bajaj Capital,

---

what is the difference between liquid asset and fixed asset

6 Answers  

---

If interviewer ask that " Why are you leaving that job. so what should tell ?"

4 Answers   Genpact, JPMorgan Chase,

---

Hello every one i'm going to interview for as an account profile company is construction works so plz guys help me about furthering interview question

0 Answers   Capital IQ, Construction, Genpact, Real Estate,

---

Please define Transaction Type , Movement Type , Asset Transaction Type , Item Type & Document type. Please also give examples of each of them

0 Answers   Golden Sands, manappuram,

---

What is service tax(input Credit)?

1 Answers  

---

What is means by ERS ?

2 Answers   Genpact,

---

what is accounts receivable and accounts payable and how to use accounts receivable and accounts payable?

2 Answers   Thomson,

---

What is operating cycle?

7 Answers   Capital IQ, Wipro,

---

What type of questions in accouting point of respect they ask genrally plz help me find out this.

0 Answers   Banking,

---

If i want to establish a company in which i want to manifacture and sell the Wine. So how many permissions i have to taken and who will issue those?

0 Answers   IBM,

---