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Why rule of nominal account is exactly opposite with the rule of personal and real account?

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Question ajoutée par MUHAMMED HARIS MI , Senior Audit Staff , Saud Bahwan Group LLC.
Date de publication: 2015/04/15
Adel BENFIALA
par Adel BENFIALA , Central Administration Inspector , Ministry of Housing, Urban Planning and the City

real accounts are tha will always show up on a company's balance sheet, they show assets, liabilities and owner's equity.

nominal accounts are used during an accounting period, they are reported on the Income statement. 

both of them used in financial transactions, when the latter is recorded in the Double-entry bookkeeping system ( Assets + Expenses = Liabilities + Capital + Revenue).

when, A+L=C and R-E= Profit

FITAH MOHAMED
par FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

I agree with Mr. B ALI  answer>>>>>>>

 

Salah Othman Yousef Alshambaati
par Salah Othman Yousef Alshambaati , مدير ادارة الحسابات , شركة انفال الجديدة للتجارة والمقاولات

I agree with Mr. Bilawal Ali answers

Bilawal Ali
par Bilawal Ali , IT Support , Orient provision & trading company

becouse they compitaion with each other

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