Real accounts

Definition:

These are accounts which deal with money such as bank and cash accounts. They also include those dealing with property and investments. In the case of bank and cash accounts they can be held in the nominal ledger, or balanced in a journal (eg. the cash book) where they can then be looked upon as a part of the nominal ledger when compiling a balance sheet. Property and investments can be held in subsidiary ledgers (with associated control accounts if necessary) or directly in the nominal ledger itself.

Related terms:

Net Profit Margin (NPM After Tax)

Appropriation Account

Useful articles:

»	Understanding the corporate buyer
»	Conducting Meetings Over the Internet
»	Lessons Learned After Five Years in Business
»	When Everyone Sells

Credit Grade

Different lenders may grade you somewhat higher or lower, depending on their requirements

Car Cost Compare

Consider all of the expenses by buying a car that will be generated by their purchase

Lease

This calculator is designed to help you work out monthly lease repayments

Browse by categories

Accounting	Advertising	Banking
Bankruptcy	E-Commerce	Economics
Finance	Law	Investment
Insurance	Marketing	Real estate
Statistic	Trade	Purchasing

Featured Articles:

Customer Servces

This Ain't Chicken Feed!

Some businesspeople forget that the customer or client is your reason for being in business! I assure you, this principle is never forgotten by Quill, one of the leading mail-order office supply or... [ more... ]

Motivation

Life Is Worthwhile If You...

1. First, life is worthwhile if you LEARN. If you know… What you don't know WILL hurt you. You have to have learning to exist, let alone succeed. Life is worthwhil... [ more... ]

Business & Financial

How To Find the Best Merchant Account For Your Business

What a great idea! Start accepting credit cards and watch your profits soar. Nothing could be simpler. Or so you thought until you began researching merchant accounts. It can all get extremel... [ more... ]