Best UK USA Australia Canada UAE Classification of Accounts Assignment Help Online Service
An account is defined as a statement or record that is used to collect and store debit and credit amounts. It is also known as a statement that explains one’s conduct. There are three types of account and the classification is based on their nature (liability, physical asset, juristic entity and final transaction). Accounts can be further classified and is based on the periodicity of their inflows or outflows in a fiscal year. Long term inflow is an asset and long term outflow is liability. Classification of the items in an account is done in five broad groups which are also known as the elements of the accounts. For a complete detailed study about accounts students can refer to Classification of Accounts Assignment Help.
Services We Offer
Services Provided for Accounting
Accounting always put student on worries and stress. But with Assignment Consultancy for your help, you can remove all your worries by going through our various services:-
- Financial Accounting Homework Help
- Accounting Assignment Help Online
- Financial Accounting Assignment Help
- Managerial Accounting Homework Help
- Do my accounting Homework
- Accounting Case Study Assignment Help
- Finance accounting case studies assignment help
- Taxation homework help
- US tax codes homework help
- Advance Accounting homework help
- Cost Management Homework Help
- Australian Taxation Assignment help
- Ratio analysis assignment help
- Accountancy online exam help
- Accounts online exam help
Features for Accounting Assignment Help Services
We believe in providing no plagiarism work to the students. All are our works are unique and we provide Free Plagiarism report too on requests.
Best Customer Service
Our customer representatives are working 24X7 to assist you in all your assignment needs. You can drop a mail to firstname.lastname@example.org or chat with our representative using live chat shown in bottom right corner.
Three Stage Quality Check
We are the only service providers boasting of providing original, relevant and accurate solutions. Our three stage quality process help students to get perfect solutions.
All our works are kept as confidential as we respect the integrity and privacy of our clients.
Most of our clients are from UK, USA, Australia, Canada , UAE, New Zealand, Doha, Qatar, Muscat, Netherlands, France, Italy, Great Britain, Singapore, Malaysia looking for quality and accurate solutions.
Yash Batra, Student , UK University
“Great Experts to provide real time Accounts help services. They are just best in their approach”
Reham Fayad, Student MBA, USA
“They have some of the best USA experts to provide Accounts help online and also help me in my online exams.”
Graham Golith, Lancashire University, UK
“Best place to get all help in Accounts Essay and Exams. Will definitely recommend to all”
Classification of Accounts
There are three types of account- Personal Accounts, Real Accounts and Nominal Accounts. The different types of account explained in Classification of Accounts Assignment Help are-
- Personal Accounts: –
Personal Account is a type of account which is related to persons, individuals and firms or customer, suppliers, money lenders and the bank. It is further divided into three types. They are-
i. Natural Personal Accounts: – Natural Personal Accounts is a type of personal account which is related to human beings.
ii. Artificial Personal Accounts: – Artificial Personal Accounts is a type of personal accounts which do not have physical existence and have a separate entity as per the law. For example- Google Account, Microsoft Account, etc.
iii. Representative Personal Account: – Representative Personal Account is a type of Personal account which represents a group of accounts. Its different types are- Outstanding expense account, Advance expense account, outstanding income account and Advance income account.
- Real Accounts: –
Real account is a type of account which is related to assets and objects of the business. In this account the objects and properties which can be seen, felt, measured, sold, purchased and can be physically transferred are considered. These assets are of two types –
i. Tangible: – The assets which can be touched are known as tangible assets. For example- stock, cash, plant, machinery, furniture, etc.
ii. Intangible: – The assets which cannot be touched are known as intangible assets. For example- Patent, copyrights, etc.
- Nominal Accounts: –
Nominal account is a type of account which is related to business expense, loss, gain and income. It consists of all income and expenditure accounts. Nominal accounts are also called as Fictitious accounts because these accounts cannot be touched and seen. For example- rent paid, rent received, discount, commission, interest, electricity charges,sales, purchases, etc. Nominal accounts is explained in a detailed way in Classification of Accounts Assignment Help.
Features of Classification of Accounts Assignment Help are –
Clients looking for Classification of Accounts Assignment Help from us can expect a few pros and traits –
• Accounts management to be precise and perfect.
• Proper Understanding of accounting books.
• Structure management of accounts to be perfect.
• Professionals having experience about accounts to be concerned.
If you need any help in best Classification of Accounts Assignment Help Online Service,please click here