Interested to Buy Any Domain ? << Click Here >> for more details...
How many types of account example pls
- 57 Answers
- 173309 Views
- Accenture, Bank Of America, Menson India Pvt ltd, State Bank Of India SBI, Wipro, WNS, I also Faced
- E-Mail Answers
Answer Posted / s. s. pathak
Basically, Accounts are nothing but according to Golden
Rule there are three types of the account-
Personal a/c
Real A/c
Nominal A/c
Personal A/c- Those accounts that denotes the transactions
with any person are called personal account.Such as,- Ram's
a/c; Mohan's a/c S.K & sons a/c; LIC CO. a/c
It is futher categorised into three categories-
1.Natural Personal A/c
2.Artificial Personal A/c
3.Representative Per. A/c
1.Natural Per. A/c:- Those accounts that denotes the
transactions with any natural person are called Natural
per. A/c
2.Artificial per. A/c:- Those accounts that denotes the
transaction with any firm, Company, Associations etc are
called Artificial personal A/c
3.Representative Per. A/c:- All those incomes and
expenditures which are outstanding or prepaid(dues/Advance)
for the currentf financial period are called representative
personal a/c
Real A/c:-Those accounts that denotes the transactions
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
what are the seven accounting rules
how to entry in tally for other person check received
What are the steps involved in converting the trail balance of a foreign branch? Explain the steps involved in incorporating the foreign branch trail balance in HO books
can anybody send me interview question&answer to me in accounts and finance and income tax....my mail.id...jagathis1986@gmail.com
Distinguish value andPrice
How do we return the loan in equal installments with interest in tally
genpact uk based shift timings? and R2R job profile?
Anyone whose sbi interview has been over , please share all the question asked by them
cany anyone explaing what are the functions of an Account Officer/Manager?
where we use the convetion of conservatisam in real life??
what is payment method?How many payment method we can assign to company code.
wht can u do for the growth of bhel?
WHAT IS PROSPECTUS?
Suppose My received Interest Income is 24934.59 And for the same time my Bank Charge total is 7785.19. Now the total Bank Charge will be deducted from Interest Income and the amount of (24934.59-7785.19)=17149.40 will be withdrawn to deposit in govt. Account.What will be the Journal Entry for 17149.40. Here, Already Bank Charge 7785.40 is Already Debited and 24934.59 is already credited in Journal.
after payment of interest of a loan account by using credit note voucher in tally 9........don't anyone thinks that we have to adjust the cash account by passing cr entry on journal for interest payment...
