Accountancy, asked by simmigupta25, 1 year ago

Define real account,personal account nd nominal acoount in breif?...​

Answers

Answered by sidhivenugopal007
3

Answer:Mark me brainliest...

These are accounts that don't close at year end and are carried forward. A Personal account is a General ledger account connected to all persons like individuals, firms and associations. A Nominal account is a General ledger account pertaining to all income, expenses, losses and gains.An account is a General account.

Similar questions