Answer Posted / sirisha
Nominal account is related with
losses,expenses,income&gain.
rule-Debit all expenses &losses (rent a/c, postage and
stationary)
Credit all income and gains (sales, dis received, int
received)
Is This Answer Correct ? | 112 Yes | 13 No |
Post New Answer View All Answers
What are your views on Triple talaq?
Suppose to top five gainers on BSE same company can loser on NSE?
what are the approaches to current account convertibilitry
What Personal Characteristics Should A Bank Clerk Possess?
What Are The Characteristics Of A Trigger?
What is a balance sheet and a trial balance?
Who endorses Bank of Baroda Brand?
What is 'spns'?
What are the core banking applications?
How is 1st May celebrated?
Is California Chapter 13 Bankruptcy (reorganization) Right For Me?
Who conducts national banking entrance exam (nbet)?
What is the difference between enterprise value and equity value?
Explain profitability group ratios.
What is Balance of Trade? What is Balanced Trade?