Golden rule for Nomianal Account?
- 7 Answers
- 8638 Views
- JPMorgan Chase, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / knareshmba
Hi
Nominal Acount
Debit expenses and losses :
Credit incomes and gains
| Is This Answer Correct ? | 28 Yes | 1 No |
Answer / mvenkatmba
For nominal ac
Debit all expenses and losses
credit all incomes and gains
| Is This Answer Correct ? | 21 Yes | 2 No |
Answer / satyaki_raju@yahoo.com
Debit all expenses and losses of the business
Credit all incomes and gains of the business
| Is This Answer Correct ? | 11 Yes | 1 No |
Answer / dharmendar singh rawat
Nominal Acount
Debit All expenses and losses
Credit incomes and gains
| Is This Answer Correct ? | 8 Yes | 1 No |
Answer / shraddha kasalkar
dr all expenses and loses
cr all incomes and gain
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / rahul kanojiya
Debit all expenses and losses
Credit all income and gains
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / sandipan chakraborty
what comes in Dr
And what goes out is Cr
| Is This Answer Correct ? | 1 Yes | 3 No |
What is debit side of dividend?
what is the difference between amotization and depreciations????
Expand L T C
What do you mean by Green-shoe option?
what is indirect taxes
what is quick asset
What is means by ERS ?
"while Financial accounting is external, cost accouting is internal to the business" Explain?
what is accrual income ?
15 Answers Capital IQ, Cognizant, Genpact,
Expand------MRTS
What is the 3 basic rules in accounting by account? What is the 3 type in basic rules?
what is amortization
Audit 
