Which of the following is not a account type?
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Explanation:
where are account types??
how can I find out which is not a account type?
accounts are of 3 types according to traditional approach,
1]Personal account
i)Natural personal account
ii)Artificial personal account
iii)Representative personal account
2]Real account
i)tangible account
ii)intangible account
3]Nominal account
i)Expenses and losses account
ii)Income and gains account
Accounts are of 5 types according to modern approach,
1]Assets account
2]Capital account
3]Liability account
4]Expenses and losses account
5]Income and gains account
Hope this will helpful to you.....
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Answered by
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Hi mate
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