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What Is The Difference Between Personal Account, Real Accounts And Nominal Account?

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    Personal Account represent transactions details related to any natural person(e.g ram), artificial person (e.g ram & company).

    Real Account is mainly for assets & liabilities (e.g Furniture, loan)

    Nominal account is for Loss,gain, Interest received in bank.
    0 0

    Prashants  

    answered 5 months ago

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