Basic of Account

Account is maintain your business books like ledgers, profit and loss, balance sheet and all transaction that you make to bank, suppliers, buyers, government and self. Its helps suppliers, customers, employees, banks, lenders and owners types.There are three types of Accounts.

Real Accounts

Properties and assets belong to Real Accounts like Land, building, Goodwill, and Purchase.

Personal Accounts

Personal Accounts belong to Personal accounts like Customers, Suppliers, and Lenders.

Nominal Accounts

Income and Expenses belong to Nominal Accounts like Salary Accounts, Interest account, Wages Accounts.

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