Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

clasification of accounts

Answer Posted / mk reddy

there are 3 types of account.such as
1.personnel account:-debit is the receiver and credit is the giver.
2.real account:-what come's in debit, and what goes out credit.
3.nominal account:-all expenses&losses debit,,and all incomes & gains are credit.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

how an accountant can do budgetery controls of expenses?

2151


I WANT ACCOUNT ASSISTANCE INTERWIEV QUETION IN L&T

2536


hey! i have an interview for PO in union bank on 11th feb. can anyone please tell me what major topics should i prepare for? of course npa is there. also cibil and basel basics. is there anything else i should prepare?

2040


In OD Account How Many Interest Paid or Not? and second CC Account How Many Interest Paid or Not?

2126


How will we calculate T1, T2 capital in CRR(Cash Reserve Ratio)?

2949


explain the financialand economic meaning of investment?

2197


what are the certificates needed at the time of SBI clerical interview?

2154


What is discounting accounting and why depriciation of assets are mention in dicounting accounting?

2118


I have an S Corporation called Trend Foods Inc. I would like to make a division of that company that services computers and call that Trend Computer Service. I do not want to set up another Corporation for Trend Computer Service. Can I just make a division of Trend Foods and what paperwork do I need to fill out to make that happen? Thanks for the help, Jim

2119


give the examples of Error of Duplication?and Error of compensatin? with entries

4717


Who to create a budget on software company

2141


What Question ask in MARKIT Company?

6994


A specially designed interview book on interviews for accounting Jobs . Pl send your mail addresses for despatch

3786


What is a Balance Sheet & Profit & Loss Account?

1959


With scan-based trading, are retail companies creating inventory at the point of sale or recording income/expense?

2448