Real and Nominal Accounts | By DIO | Definition, Rules and Differences
Автор: Fenius Academy
Загружено: 2020-05-04
Просмотров: 2794
Описание:
In this video, we have discussed the concept of real and nominal accounts in financial accounting. First, the definition of real and nominal accounts is discussed with examples, then the rule of debit and credit for real and nominal accounts, and in the end, the differences between real and nominal accounts are discussed.
Link the video “Double Entry Accounting System and Debit and Credit by DIO”:
Playlists on Fenius:
Accounting Genius for an Accounting course
Finance Genius for a Finance course
Cost and Management Genius for a Cost and Management course
Financial Modeling for Financial Modeling course
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