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How many types of account example pls

Answer Posted / yogesh vishwakarma.

There are three types of Accounts:

Personal,Real And Nominal Accounts.
In Personal Accounts:
Debit the Receiver credit the Giver.

In real Account:

Debit what comes in.And credit what goes out.

In Nominal Account:

Debit all the expenses and credit all the incomes and gains.

Is This Answer Correct ?    137 Yes 23 No



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