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What is the Difference between Real Accont and Nominal
Account?
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Answer Posted / gokul
REAL ACCOUNT NOMINAL ACCOUNT
it is related with it is related with
trangible things,assets intrangible things or
Not with debt. Expenses,Losses,Gains,etc.
ex:cash in hand,cash at Ex:salary,wages,rent,intere
bank, land,building, -st paid etc.
investment etc.
**BOTH are the part of IMPERSONAL
ACCOUNTS
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