Is Marketing Expense A Real Or A Personal Account
Marketing Expense Is Which Type Of Account In Accounting
No, Marketing Expense is neither a real account nor a personal account.
Actually, marketing expense is a Nominal Account as it is an expense which is studied under nominal accounts (revenues & expenses).
Real accounts are related with assets and liabilities’ accounts such as Cash, Accounts Receivable, Accounts Payable, etc., while personal accounts are related with natural or living
persons such as Capital Account, Drawings Account, Mr. A Account (Personal Account of Sole Owner, Mr. A), etc.
So, we can say that Marketing Expense is a nominal account but not a real or a personal account.
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