Accountancy, asked by rawat1111222, 1 year ago

how to claassify the types of accounts​

Answers

Answered by shrikavikamesh
1

According to traditional approach or British approach, the accounts are classified into three types – real accounts, nominal accounts and personal accounts.

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Answered by anishka2026
1

Explanation:

There are mainly three types of accounts in accounting :

  • Real persons
  • nominal accounts
  • personal accounts

Personal accounts are classified into three categories:

  • Artificial
  • natural
  • representatives

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