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How many types of account example pls
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Answer Posted / 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.
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