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A SUMMARY DISCUSSION ABOUT REAL ACCOUNT AND NOMINAL ACCOUNT 

An account is a place to record the transactions that occur in the company. 
Accounts are divided into three major categories, namely a real account, nominal 
accounts and account mix:
 
1. Real Account
Real accounts are the accounts contained in the balance sheet. Real account consists of:
a. Assets (Assets / Assets)
Assets are the treasures contained and used in the company. Assets consist of three types, namely:
* Current asset
Current assets are assets of companies that usually wears out less than a year. 
Accounts in current assets are sorted based on the most current (liquid). 
Liquid assets consist of: Cash, Accounts Receivable, preparations, and others - others.
* Fixed assets
The fixed assets are assets of companies that usually wears more than one year. 
Fixed assets consist of: Hardware, Machinery, Building, Land, and others - others.
* Other assets
Other assets - others are company property that can not be classified into current assets and fixed assets. 
Other assets - others consist of: engine in the repair process, building under construction, and others - others.
 
b. Debt
Debts are obligations of the company that must be repaid at a specific time. Debt consists of:
* Short-Term Debt
The short-term debt obligations of companies that must be repaid within a period of less than one year. 
Short-term debt consists of: accounts payable, interest payable, salaries payable, and others - others.
* Long-term debt
Long-term debt obligations of the company is to be repaid in a period of more than one year. 
Long-term debt consists of: bank loans, bonds, and other - other.
 
c. Capital
Capital is the owner's right to the assets of the company after deducting liabilities. 
Capital can also be defined as money, land, buildings, and other valuables were handed over 
to the owner of the company.
 
2. Nominal Accounts
Nominal account is an account - the account contained in the income statement. 
Nominal account consists of:
a. Income
Revenue is the corporate profits of operational and non operational activities. 
Revenues consist of:
* Revenues in the Enterprise
Revenue in the business is the revenue earned through the company's operational activities. 
Examples: business income.
* Revenues outside of Enterprises
Revenue outside the business is revenue earned through the company's non-operational activities. 
Examples: rental income.
 
b. Costs
In accounting fees, costs and expenses are two different types of accounts.
Expenses consist of:
* Expenses in business
Expenses in the effort is a burden that arise because of the company's operations. 
Examples: salaries, advertising expenses, the electrical load, and others - others.
* Expenses beyond Enterprises
Expenses outside the business are expenses which arise due to non-operational activities. 
Examples: interest expense, bank administrative burdens, and others - others.

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