Professional Documents
Culture Documents
Before the
Interview Board
Odisha Public Service Commission, Cuttack
An Overview / Outlines
The accounts falling under the first heading are known as ‘Personal
Accounts’. The accounts falling under the second heading are known
as ‘Real Accounts’, The accounts falling under the third heading are
called ‘Nominal Accounts’.
Dr. refers to the LEFT and Cr. to the RIGHT side of the Account.
Remember
:
Debits are Credits are
simply simply
entries on the entries on
left. the right.
End of Lecture
Thank You