Describe in brief introduction of Account.

Answer Posted / r sumitra

personal account
real account
nominal account

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

In accounting, how do you define the premises?

742


WHEN WILL SBI DECLARE THE RESULTS OF INTERVIEWS OF CLERICAL CADRE HELD IN APRIL-MAY 2010?

1655


is WCT aplicable on educational institutions also??????

1404


What is meant by calendar maintenance?

696


What is vendor?

672






what is a grn in terms of accounting ? what is a grnthroughpo in terms of purchase order? what is a direct grn?

3842


Opening stock 17499565 purchses 89693855 expanditure 1735800 deprciation 223309 patner salary 300000 interst paod 937500 provisions 119265 sales 91600120.adjustment 1 gross profit is 6.72percentage on sales.2.net profit is 3.10 percent on sales

1278


What is fractional code and how can i get a fractional code for a particular account?

1557


Richman Corporation has 120,000 shares of $5 par value common stock outstanding. It declared a 10% stock dividend on June 1 when the market price per share was $12. The shares were issued on June 30. Instructions: Prepare the necessary entries for the declaration and payment of the stock dividend.

2042


Where the financial accounting fails the cost accounting for is rescue but still there are some limitations deficiencies in the system?

689


What is Normal Loss? and What is the reason for Debiting such Loss in P&L account and also Crediting in Trading Account? and how the Loss should be accounted?

1122


in tally software payroll vouchers option is there for what purpose it is used ? please tell me friends.

1625


I have a doubt in tally,if a customer purchase our product on cash or sometimes credit,under which head i need to make the customer ledger.?

1290


What is the provision? What is the entry for provision?

600


Please note that all the question related to VAT is belongs to pune, maharashtra. waiting for quality reply.

1555