Explain Each Real Account And Nominal Account With Examples ?

1.	Explain Each Real Account And Nominal Account With Examples ?
Answer» REAL Account is an account of ASSETS and Liabilities. Types of Real account Furniture Account Land Account Machinery Account Building Account Goodwill Account PATENTS & Trade Marks Account. Nominal Account is an account of incomes or EXPENSES. Types of Nominal account Salary Account, COMMISSION Paid/Received Account, Telephone Expenses Account, Wages Account, Printing & Stationery Account, Interest Paid/Received Account. Real Account is an account of assets and Liabilities. Types of Real account Nominal Account is an account of incomes or expenses. Types of Nominal account

Answer»

REAL Account is an account of ASSETS and Liabilities.

Types of Real account

Nominal Account is an account of incomes or EXPENSES.

Types of Nominal account

Real Account is an account of assets and Liabilities.

Types of Real account

Nominal Account is an account of incomes or expenses.

Types of Nominal account

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