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What type of accounts are purchase and sales account ? Real or nominal ?

Both Purchases and Sales Account are Nominal Accounts. Purchases imply expenses, whereas, Sales imply generating revenue (i.e. incomes and gains). Thus, as per the golden rule, for Nominal Accounts, we Debit all expenses or losses (for Purchases Account) and Credit all incomes or gains (for Sales Account). 

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Purchase and Sale are real account as it goes by the rule "Debit what comes in and Credit What goes out"

For Example

1) Purchased Goods from John on Credit

Purchase A/c Dr (GOODS ARE COMING IN. HENCE REAL ACCOUNT.)

To JohnA/c

 

2) Sold Goods to Deepak

Depak A/c Dr 

To Sales A/c (GOODS ARE GOING OUT. HENCE REAL ACCOUNT)

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both are real accounts

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