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how many types of accounts in accounting language?
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Answer Posted / koteswara rao
THERE ARE TWO TYPES OF ACCOUNTS ARE THERE
1. PERSONAL ACCOUNTS
2. IMPERSONAL ACCOUNTS
IMPRESONAL ACCOUNTS AGAIN TWO TYPES
1. REAL ACCOUNTS
2. NOMINAL ACCOUNTS
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Deposited Rs 25000 in Canara Bank of ABC co towards dealership deposit thru our SBH Bank Pass necessary entry
Prepare a trial balance from the following :- Particulars Amount Particulars Amount Rs. Rs. Purchases 8225 Premium on lease 1200 Wages 1025 Loan on mortgage 2500 Sales 12450 Plant & machinery 2000 Arun's capital 13500 Provisn for doubtful debts 300 Stock on 1/1/98 1500 Sundry debtors 16550 Salary 410 Trade charges 200 Rent & taxes 162 Bad debts 200 Sundry creditors 2572
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