What is real account and nominal account?

Related questions

1. Is bank a real account?
2. What do accountants really do?
3. Is bank account a real account?
4. Why you should study accounting?
5. What is the rules of accounting?
6. What is the first stage of accounting?
7. What is involved in accounting?
8. What are real and nominal accounts?
9. Which is better credit or debit?
10. Why is accounting important in everyday life?

Tags

1. #amount
2. #record
3. #equity
4. #moment
5. #liability
6. #revenue
7. #expenses
8. #business
9. #owners
10. #nominal
11. #summarize
12. #asset
13. #period
14. #precise
15. #account
16. #accounts