Question

Acconting what is differns in nominal account real account personal account​

Answer 1

Answer:

1. Nominal account- this account is related to imcomes,gains, expenses and losses

eg- water bill , discount allowed

2. Real account- it is related to tangible and intangible goods

eg- car, machinery

3. Personal accounts- related to an individual or a firm.

eg- nita's account, drawings

hope it helps you