salary is which type of account??

Answer Posted / surender & satish ,warangal

salary is the exp.so it comes in nominal a/c.beacuse all
exp and loses dr and incomes and gains cr as per the
nominal a/c.

Is This Answer Correct ?    11 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

sir, i am working recruitment con.pvt ltd inthat one person salary will pay per month Rs.28000/- so i want to enter in our books only one salary payment or basic pay and spl.aa and others like this break up entrys we will pass please suggest

1824


please explain the uses of internate protocol address(ip add)?

1694


With a 600 credit score, how to improve my credit rating score?

1434


What is the procedure to become charted accountant in India now. Please answer this is urgent

1060


Total numbers of companies listed on stock Exchange?

2103






i want the steps involved in the customization for the process order. my situations is if i take the process order for x qty then stores people can issue only x qty not less or not more. how to do this. pls help me

1459


what is capital market and money market? what is primary market and secondary market?

1768


Expand------ARN

2033


ER-1, ER-2,ER-3,ER-4,ER-5,ER-6,ER-7 plz tell me use of these excise form

1373


Explain significance of Nastro and Vastro in accounts?

3587


hii,i was appeared in recruitment process of Catholic Syrian Bank.Interview question were general banking related... as what is crr,calling rate, current inflationrate etc

1605


what is Accounting Standers?

1706


how to calculate share values of a company.

1678


hello,dear any body give me mis report format. my email :kumar_ranjeet121@yahoo.in

1571


What is meant by retiring Bill

1522