Question

what is real Account, personal Account and nominal Account ??
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Answer 1

Answer:

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Explanation:

NOMINAL ACCOUNT- this account is realeted to incomes,gains,expenses and losses.

REAL ACCOUNT- it is realeted to tangible and intangible goods

e.g- car, machinery

PERSONAL ACCOUNT- related to an individual or a firm

Answer 2

Explanation:

A Real Account is a general ledger account relating to Assets and Liabilities other than people accounts. These are accounts that don't close at year-end and are carried forward. ... A Nominal account is a General ledger account pertaining to all income, expenses, losses and gains.