Types of accounts
This query is : Resolved
Kumar Nayudu
(Querist)
16 August 2011
sir/madam i have one doubt.will you tell me types of accounts?i have heared some accounts.i will furnish all those accounts.
Personal a/c:
peronal account has also another three parts
a) natural personal a/c
b) Artificial a/c
c)Representive a/c
please give your explination for above accounts. will you give very very clear.please sir/madam
Personal a/c:
peronal account has also another three parts
a) natural personal a/c
b) Artificial a/c
c)Representive a/c
please give your explination for above accounts. will you give very very clear.please sir/madam
CA. Vikash Dwivedi
(Expert)
16 August 2011
True, there are 3 types of account:
1. Real A/cs
2. Personal A/cs
3. Nominal A/cs
But i never heard further classes of these accounts like you mentioned.
1. Real A/cs
2. Personal A/cs
3. Nominal A/cs
But i never heard further classes of these accounts like you mentioned.
CMA. Murali
(Expert)
16 August 2011
The other way of classification is
Personal
Impersonal - Real & Nominal.
Like Vikash we have not heard
a) natural personal a/c
b) Artificial a/c
c)Representive a/c
Personal
Impersonal - Real & Nominal.
Like Vikash we have not heard
a) natural personal a/c
b) Artificial a/c
c)Representive a/c
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