How many types of account example pls
Answer Posted / bhairab sa
There are three types of accounts.They are
Personal Account.
Real Account.
Nominal Account.
ex:
personal a/c: rama a/c,krishnaa/c, jaya a/c,prami a/c.
Real a/c: cash a/c.
nominal a/c:salary a/c, commission a/c, rent a/c.
Rules:
personal a/c: debit the receiver,credit the giver.
real a/c:debit what comes in ,credit what goes out.
nominal a/c:debit all incomes and gains, credit all
expences and losses.
| Is This Answer Correct ? | 4 Yes | 1 No |
Post New Answer View All Answers
How can fictitious assets be measured or valued?
Distinguish capital and Revenue receipts
What is account
How exchange rates are maintained in sap
what is crisil?what is the advantage of crisil rating?
What si the differance between REVENUE and PROFIT?
Expand---------PSRT
1.tell about urself? 2.wt is BRS? 3.VAT? 4.Golden principle of accounting?
what is new updates in account
For what purpose ERS is used for?
Expand CASA
Purchased goods worth @25000 at 10% trade discount from seven who paid 200/- as carriage on behalf of prabhakar
How can a company reduce profit
EXPAND______________IARCS
Should I have perfect credit score, that is, above 800 credit score?