What do you mean by the word Loss in nominal accounting Give some examples
- 2 Answers
- 2158 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Eg for Nominal account
Rent paid,Salary paid,Commission paid.Etc........
| Is This Answer Correct ? | 0 Yes | 2 No |
what is difference between income and gain?
what is difference between single ledger & multiple ledger with solid example .beacuse i am slow learner .
difference b/w trading a/c & manufaturing a/c.
can we adjust margin money paid to bank to open a Bank Guarantee in stock statement while calculating Drawing Power
what is the differece between salary and remuneration?
How to make bank reconcilition in sap fico ? pl. suggest
what is prime cost &overhead cost
Explain me where a cash discount should be recorded in journal entry?
Explain the Steps to Define Recurring Invoices
Can it be possible to transfer FCRA funds to an ngo who don't have FCRA registration no.
What is the full form of GAAP?
how to pass this entry in tally? Dear Sir, I have just started learning tally . I am practicing tally. and I am following 11th Std book for practicing. Please help me with the following entry. I know dr and cr part but having problem in grouping. Please Help. Introduced goods of Rs 10,000, cash Rs 15,000, furniture Rs 5000, debtors of Rs 1000 and commenced business. What will be the entry and group for each ledger. Please Help.
Audit 
