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What is the nature of bank account:
a) nominal
b) real
c) personal
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Answer / gopal
It should be real A/c.
we can not record transaction only between two persoanl
accounts, and we do record bank transfers between two bank
account.
| Is This Answer Correct ? | 1 Yes | 2 No |
Answer / maharshi
nominal..debit all expense and loss while credit all income
and gain
| Is This Answer Correct ? | 1 Yes | 3 No |
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