Check out our Video on Classification of Accounts
|How to Classify Accounts
This video of Classification of accounts explains
Understanding of an Account & What is the need to classify them.
Also, you will know how accounts are classified / Organised into three broad categories
Real Account, Nominal Account and Personal Accounts.
We have attached a PDF where one can get a quick glance at the whole chapter in few minutes. You will understand what is account, the need for classification of accounts, different types of accounts, etc.
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