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Explain the meaning of personal account,real account and nominal account,give five examples each​

Explain the meaning of personal account,real account and nominal account,give five examples each​
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Explain the meaning of personal account,real account and nominal account,give five examples each​

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User Malika
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Answer:

An example of a Real Account is a Bank Account. A Personal account is a General ledger account connected to all persons like individuals, firms and associations. ... A Nominal account is a General ledger account pertaining to all income, expenses, losses and gains. An example of a Nominal Account is an Interest Account

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User Xbd
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