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How can we easily identify an account which is a real, personal or a nominal account?

Accounting Tally Auditing Peachtree Accountancy
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Question added by Kripesh Krishnan Kutty Nair , Merchandiser , Al Seer Group
Date Posted: 2015/01/01
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by Deleted user

1- Real accounts are assets .

2- Personal accounts are receivables and payable accounts .

3- Nominal accounts are revenues and expenses 

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