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Real and Nominal Accounts | By Dr. IOC | Definition, Rules and Differences

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 Dr. IOC”: 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 Share Fenius with others:    / fenius   Twitter: @Fenius_DrIOC #realandnominalaccounts #differencebetweenrealandnominalaccounts #fenius #accountgenius #financialgenius #raisingafinancialgenius #FeniusAcademy #Academy #IOC

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