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Because these are the only accounts which have real existance like cash account and bank account other accounts are just in books of accounts and no real physical existance.
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∙ 9y ago
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What is the meaning of nominal account and real account and personal account?
The account related to the individual firm , company,and institution is called personal account. THE account related to the things or properties of business organisation whose valuation can be done in terms of cash is called real account. the account related to the income , expenses,profit and gain is called nominal account. .
What is Pete Tigglehorn's real name?
His real name is Nicholas Sampson, he has a Youtube account called "iamsampsonite"
Is capital account is real account or nominal account?
Real Account
Is debtor account a real account?
Yes, it is a real account
How do you sell an account?
You can't, it's called real-world trading and it's illegal.
Is Sales Account nominal or real account?
real accounts
Is Investment Account a Real Account?
it is a personal account
Is investment account real account?
it is a personal account
Does Miley Cyrus have a clubpenguin?
yes she has an account it is called mindybindy she is nearly always online it is real i was there when she made it!!!!!
What is Zayn Malik's real account?
zayn's real twitter account is @zaynmalik
Is Georgia Groome's real Twitter account georgiagroome?
Yes, that is her real account.
Is depreciation real or nominal account?
It is a real contra account. The nominal account associated with depreciation is depreciation expense.
