How many types of account example pls
- 57 Answers
- 160462 Views
- Accenture, Bank Of America, Menson India Pvt ltd, State Bank Of India SBI, Wipro, WNS, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / bhairab sa
There are three types of accounts.They are
Personal Account.
Real Account.
Nominal Account.
ex:
personal a/c: rama a/c,krishnaa/c, jaya a/c,prami a/c.
Real a/c: cash a/c.
nominal a/c:salary a/c, commission a/c, rent a/c.
Rules:
personal a/c: debit the receiver,credit the giver.
real a/c:debit what comes in ,credit what goes out.
nominal a/c:debit all incomes and gains, credit all
expences and losses.
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / karan singh
There are three types of account:-
1> Personal Account:- The accounts relating to induviduals, firms, associations or companies are known as personal accounts.
Debit the receiver.
Credit the giver.
2> Real Account:- The accounts rekating to all assets & properties are called real accounts.
Debit whats comes is.
Credit whats goes out.
3> Nomial Account:- The accounts relating to expenses, losses, incomes & gains are know as nominal accounts.
Debit all Expenses & Losses.
Credit all profit & gains.
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / deepak subhash kaldate
there are three type of account
1]personal a/c
2]real a/c
3]nominal a/c
in detail.
1]personal a/c = debit is the receiver and credit is the
giver.
2]real a/c = debit means what comes in and credit means
what goes out.
3]nominal a/c = debit is expenses and losses and credit
is income and gain
| Is This Answer Correct ? | 4 Yes | 2 No |
Answer / prem
There are three typea of account
1 personal account Debit the recievr creadit the giver
eg ram a/c sundar a/c company a/c
2 real acount debit whats comein and creadit what
goesout
eg furniture a/c goodwil a/c
3 nominal account debit all expenses losses and creadit
all income and gains
eg wages a/c commison a/c
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / priyaranjan nayak
There are 2 types of Accounts.
1.Persional Account
2.Impersonal Account
The Persional Accounts are.
a. Natural persion's Accounts.
b. Legal Persion's Accounts.
c. Reperesentative persion's Accounts.
The Impersional Accounts are Two types.
(i)Real Accounts (ii)Nominal Accounts
The Real Accounts are.
a. Tangible Assets
b. Intagible Assets.
The Nominal Accounts are.
a. Expenses and Losses.
b. Incomes and Gains.
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / virendra puri
three types of account...
personal A/c , real A/c , nominl A/c.
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / ankama rao
broadly classified into two two head
1)personal accounts
basic rule:
debit the receiver
credit the giver
2)impersonal accounts
a)real accounts
basic rule:
debit what comes in
credit what goes out
ex:tangible assets such as buildings,
furniture,cash etc and also intangible assets
such as goodwill,trade marks etc.
b)nominal accounts
basic rule:
debit all expenses and losses
credit all incomes and gains
ex:salaries account,rent account,
commission account etc.
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / s. s. pathak
Basically, Accounts are nothing but according to Golden
Rule there are three types of the account-
Personal a/c
Real A/c
Nominal A/c
Personal A/c- Those accounts that denotes the transactions
with any person are called personal account.Such as,- Ram's
a/c; Mohan's a/c S.K & sons a/c; LIC CO. a/c
It is futher categorised into three categories-
1.Natural Personal A/c
2.Artificial Personal A/c
3.Representative Per. A/c
1.Natural Per. A/c:- Those accounts that denotes the
transactions with any natural person are called Natural
per. A/c
2.Artificial per. A/c:- Those accounts that denotes the
transaction with any firm, Company, Associations etc are
called Artificial personal A/c
3.Representative Per. A/c:- All those incomes and
expenditures which are outstanding or prepaid(dues/Advance)
for the currentf financial period are called representative
personal a/c
Real A/c:-Those accounts that denotes the transactions
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / kumkum gopal
There Are three Types of Accounts They Are:-
(1)Personal A/c
(2)Real A/c
(3)Nominal A/c
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / tere naam
all answers r available here. so dont see here.
| Is This Answer Correct ? | 4 Yes | 3 No |
What is FBT?(freingh benefit tax)
about tally erp9
why should we do accounts in company
what is the difference between GATT & WTO
Tangible & Intangible Assets? Is goodwill a Tangible or Intangible Asset? Goodwill is an intangible asset.
what is indirect tax?
what is the good prasentation on interview
what is suspence capital?
what is pre post expenses
if a person join company on 01-04-04. after 5 year he is resigned on 31-03-09 and date of leaving is 14-04-09. Is he is on under gratuity payable or not? he is completed 5 years on 31-03-09. what is basis on calcultion on final settlement is date of resignation or date of leaving whcih is on 14-04-09.
Expand L S T
what are the models of valuation of the company
Audit 
