Real Account is an account of assets and Liabilities.

► Types of Real account

☛ Furniture Account

☛ Land Account

☛ Machinery Account

☛ Building Account

☛ Goodwill Account

☛ Patents & Trade Marks Account.

☛ Nominal Account is an account of incomes or expenses.

► Types of Nominal account

☛ Salary Account,

☛ Commission Paid/Received Account,

☛ Telephone Expenses Account,

☛ Wages Account,

☛ Printing & Stationery Account,

☛ Interest Paid/Received Account.