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Understanding the Different Types of Accounts

financial accounting

cash

liabilities

types of accounts

accounting

personal account

nominal account

real account

natural account

natural personal account

artificial personal account

representative personal account

rules for debit and credit

debit

credit

double entry

book keeping

contra effect transaction

transaction

genral journal

corporation

law

finance

receiver

giver

owe

owes

merchandise

supplies

real examples

decoding

expenses

revenue

permanent account

Автор: Business Basics with Samia

Загружено: 2026-01-26

Просмотров: 9

Описание: The session explains how these accounts work in a double-entry accounting system, highlighting which accounts increase with debits or credits. Real-world examples are used to help learners understand how different transactions affect financial records and financial statements. This lecture is ideal for beginners, students, and anyone seeking a strong foundation in accounting principles.

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