Give some example of real,personal & nominal accounts , &
which kind of a/c reflect p&l & BS.
Answer Posted / p.murali
Real Account
What coms in Debit
What goes on Credit
Expenses comes under Profit and loss Account
Personal Account
Debit the Receiver
Credit the Giver
Examples
I received the loan Rs.5,00,000/-
Nominal Account
Expenses and Loss are Debit
Incomes and Gains are Credit
Is This Answer Correct ? | 752 Yes | 142 No |
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hi this is sharath,from hassan ,karnataka.,., i am caled for t interv on 28th may 2009, 12 noon, at foll location.,. STATE BANK OF MYSORE STAFF TRAINING CENTRE 104/105 7TH MAIN ROAD JAYALAKSHMIPURAM MYSORE-570012. anybody who is also attendin the same interview please reply me .,.,. i am in my final yr BE EnC,MCE hassan, i wold like to know more about the interview .,., please do reply.,.,. yours friendly, sharath kumar, sharath.syss@gmail.com