Real a/c : Debit what come's in & credit what go's out
nominal a/c : debit all expence & all losess credit all
income & gains
In real a/c whatever things we can see,touch & feel it all
come's under real a/c. eg: bldg,machinery etc..
In nominal a/c we record only expence & losess and income &
gains for eg: interest, depreciation etc.
Hi dis is lalitha. I got selected for muthoot finance PO for
the final interview. can u plz tell me what type questions
they will ask? my mail id is firstname.lastname@example.org. can u plz
pass the questions to my mail, my interview is on jan
Thanks in advance.