Types of accounts:-

Basically there are 3  types of accounts Real Accounts, Nominal Accounts, Personal Accounts. Usually this types can be defined by their examples:-

Real Accounts:-

An account dealing with the material assets of a business, such as its property. i.e. Land and Building, Plants & Machinery ,Cash etc.

Nominal Account :-

An account recording the financial transactions of a business in a particular category, rather than with a person or other organization. i.e., Salary, wages, sales, discount,etc.

Personal Account:-

 The elements or accounts which represent persons and entities. i.e.,  Drawing, capital, Bank, Debtors, Creditors,etc.

Also one more type is refer in earlier accounting days which is Representative Personal Account which will understand by unpaid expenses, prepaid Expenses i.e., outstanding rent, prepaid salary,etc.