Question

mention the type of account ? Explain any one​

Answer 1

Answer:

The different types of bank accounts are – Savings Account, Current Account, Recurring Deposit Account, Fixed Deposit Account, DEMAT Account, NRI Account

An NRI Account refers to the accounts opened by a Non-Resident Indian (NRI) or a Person of Indian Origin (PIO) with a bank or financial institution which is authorised by the Reserve Bank of India (RBI), to provide various services.

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Answer 2

Answer:

Types of accounts

1. Real Account ➜ Debit what comes into the business

Credit what goes out from the business

2. Personal account ➜ Debit the receiver

Credit the giver

3. Nominal account ➜. Debit the expense or loss of the business

Credit the income or gain of the business