How to Classify Accounts | Real, Personal & Nominal |Classification of Accounts|Letstute Accountancy

Описание: Hello Friends,
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 / Organized into three broad categories
Real Account, Nominal Account and Personal Accounts.

Time Stamp
0.00 Introduction
0.59 Understanding Accounts and Explanations of What are Accounts?
3.15 Explanation of Classification of Accounts
3:10 Explanation of Personal Accounts
5:50 Explanation of impersonal Accounts
6:03 Explanation of Real Accounts
6:15 Explanation of Tangible and Intangible Assets
7:00 Explanation of Nominal Account
8.00 Conclusion
8:35 Recap
8:57 Exercise

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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