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What is personal a/c ,real a/c

Answer Posted / ashwini


Personal Accounts: Accounts dealing in the name of persons
company etc.

Real Accounts: Accounts dealing in the name of which one
exists. example Cash Furniture etc.

Nominal Accounts: Account dealing with one we cannot see
touch - example: Salary Electricity Charges Rent etc.

Is This Answer Correct ?    24 Yes 6 No



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