Accountancy, asked by jyothikeerapatla, 11 days ago

what is an account explain differrnt types of accounts​

Answers

Answered by anjumanjum8736
0

Answer:

According to the double entry system of bookkeeping, there are three types of accounts that help you to maintain an error-free record of your journal entries. Each account type has a rule to identify its debit and credit aspect called as the Golden Rule of Accounting. ... Personal Accounts.Real Accounts. Nominal Accounts.

Explanation:

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Answered by archanarai342
1

Answer:

An account is a record in an accounting system that tracks the financial activities of a specific asset, liability, equity, revenue, or expense

Different types of accounts are as follows :-

Savings account. ...

Salary account. ...

Fixed deposit account. ...

Recurring deposit account. ...

NRI accounts.

Current account

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