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Categories  >>  Accounting  >>  Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions
 Taxation interview questions  Taxation Interview Questions
 Accounting General interview questions  Accounting General Interview Questions
 Accounting AllOther interview questions  Accounting AllOther Interview Questions
Question
Golden rule for Nomianal Account?
 Question Submitted By :: Monty
I also faced this Question!!     Rank Answer Posted By  
 
  Re: Golden rule for Nomianal Account?
Answer
# 1
Hi

Nominal Acount

Debit expenses and losses : 

Credit incomes and gains
 
Is This Answer Correct ?    19 Yes 0 No
Knareshmba
[NARAYANA JUNIOR COLLEGE]
 
  Re: Golden rule for Nomianal Account?
Answer
# 2
For nominal ac
Debit all expenses and losses
credit all incomes and gains
 
Is This Answer Correct ?    11 Yes 1 No
Mvenkatmba
[Icici]
 
 
 
  Re: Golden rule for Nomianal Account?
Answer
# 3
Debit all expenses and losses of the business 
Credit all incomes and gains of the business
 
Is This Answer Correct ?    5 Yes 0 No
Satyaki_raju@yahoo.com
[Taxtime]
 
  Re: Golden rule for Nomianal Account?
Answer
# 4
Nominal Acount

Debit All expenses and losses  

Credit incomes and gains
 
Is This Answer Correct ?    1 Yes 0 No
Dharmendar Singh Rawat
 

 
 
 
Other Accounting AllOther Interview Questions
 
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Preliminary expense of company?  2
 
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