OMTEX CLASSES: List and explain basic types of accounts

List and explain basic types of accounts

Account is divided in following three types:
1.       Personal account
2.       Real account
3.       Nominal account

1.       Personal account: Any individual person or any firms or any company or a bank is considered in a personal account.

Rule for Personal account is: Debit the receiver and credit the giver. 


2.       Real account: Account of any physical things. The cash account or goods account are examples of real account.

Rules for Real account is: Debit what comes in and credit what goes out. 


3.       Nominal account:  Account of any invisible things that means that things are in terms of cash. For example: insurance account, rent account etc.

Rules for Nominal account is: Debit all expenses and losses Credit all incomes and gains. 

OMTEX VIDEOS PLAYLIST


MATHS PART ONE SSC 10TH STANDARD VIDEO MAHARASHTRA ENGLISH MEDIUM

EXPLANATION IN HINDI 16 GB MEMORY CARD

INSERT AND WATCH VIDEOS IN YOUR MOBILE


CHAPTERS COVERED
1. LINEAR EQUATIONS IN TWO VARIABLES
2. QUADRATIC EQUATIONS
3. ARITHMETIC PROGRESSION
4. FINANCIAL PLANNING
5. PROBABILITY
6. STATISTICS

CLICK HERE TO BUY NOW

VIDEO LECTURES OF (MATHS I) SSC NEW SYLLABUS.



Linear Equations in Two Variables



Quadratic Equation



Arithmetic Progression



Financial Planning



Probability



Statistics