Accountancy, asked by Anonymous, 6 months ago

Explain real account, nominal account and personal account of accounts

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Answered by itzcutiepreety

2

Answer:

An example of a Real Account is a Bank Account. 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 example of a Nominal Account is an Interest Account.

Answered by Sudiksha910

2

Answer:

answer for this question

Explanation:

An example of a Real Account is a Bank Account. 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 example of a Nominal Account is an Interest Account.

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