What are Impersonal accounts
What are Impersonal accounts and how it is classified?
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Impersonal accounts: All accounts that are not personal are termed as impersonal accounts. This can be classified into sub part.
(a) Real Account: Real account illustrates the assets.
(b) Nominal Account: Nominal accounts are of expenditures and income. All expenses and income are converted to nominal account.
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Internal Communication: Employee or Organizational Communication refers to the phenomenon of interaction among employees that exist in organizations. In other words, it could also be termed as Internal Communications. Discover Q & A Leading Solution Library Avail More Than 1425364 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1954507 Asked 3,689 Active Tutors 1425364 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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