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How many types of account example pls
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Answer Posted / snehal
There 3 types of Account.
1. Real Account - Debit what comes in
Credit what goes out
2. Personal Account - Debit the receiver
Credit the giver
3. Nominal Account - Debit all expenses & losses
Credit all gains & incomes
| Is This Answer Correct ? | 23 Yes | 8 No |
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