Answer Posted / ambrose massey

PERSONAL A/C : These accounts deal with transactions
relating to persons or an organization.It can be classified
as
1- Natural Persons : Mr.A Massey,Triveni & sons, etc
2- Artificial Persons : SBI, ITC Ltd, Royal calcutta golf
club etc.
3- Representative persons : Outstandig persons,Prepaid
Salary etc

REAL A/C : It is an accounts relating to assets and
properties.
Eg: Land,Machinery,Building,Plant,Cash,Bank,Stock,etc


NOMINAL A/C : It is an accounts relating to
expenses,losses, income and gain.
Eg: sales, purchase, salary, wages, rent, enterest, etc

Tell me about how you have left a position better than you found it

2008

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you buy a $100 asset. $25 cash, $50 debt, and $25 new equity. Explain how the 3 financial statements (IS, BS, CFS) will change.

2699

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Is WCT paid to be considered as overhead during costing in construction firm?

2017

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i AM CURRENTLY DOING B.COM. i INTEND TO PURSUE MY MASTERS AT USA IN ECONOMICS AND FINANCE OR ACCOUNTING...CAN U TELL ME THE CRITERIA AND WHICH EXAM DO I NEED TO QUALIFY FOR???

1945

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I am going to attend an interview for the post of jr. Accounts Officer in airport authority of india,pls help me to prepare for the interview??

1952

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Difference between cash and merchantile system?

2277

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what tax will be on puchasing of sweets and is necessery to use form 38.

2416

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What do you mean Business

2266

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I have scooter , and its insurance expired for the past 1 yrs and i need to renew it ? how to , explain?

2062

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AN ESTIMATE OF ASSETS AND LIABILITIES ON AGIVEN DATE

2211

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if sale aganst c form interstate sale.when i file the return party not give me c form then give by our company wich type panelty give me detail?

1941

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Expand---------DBPC

2183

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Why does one need a broker?

2395

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describe the most complex challenge that you have faced and how you managed it

2260

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SOUTH ATLANTIC OIL AND GAS INC.is a fraud company

2097

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