salary is which type of account??
- 20 Answers
- 36283 Views
- Cap Gemini, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / raghava kumar.i
salary is the nominal acount.because debit all expenses and
losses.salary's is the expenses for the business.
| Is This Answer Correct ? | 69 Yes | 4 No |
Answer / ramya naidu
Salary is Nominal A/C. It is an expenses to the
Organisation.
| Is This Answer Correct ? | 15 Yes | 1 No |
Answer / laxman
To company salary is nominal account regarding golden
principles all expendetures and losses are comes under
nomimal accounts and to emplye salary is a real account
regarding golden principles debit the receiver credit the
giver.
| Is This Answer Correct ? | 16 Yes | 3 No |
Answer / 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 |
Answer / ppp
As per Golden rules Salary is considered generally as
Nominal A/c.But If any prefix or suffix is added with this
a/c then it will be treated as Personal A/c.
As per Golden rules All expenses & Losses
are treated as Dr. balance and Salary is an Exp. in respect
of Proprietor that's why we can call it Nominal A/c.
| Is This Answer Correct ? | 13 Yes | 4 No |
Short Answer on ________Ad-Valorem Duties
why do you want to work here?
HOW TO CALCULATE NAV? If investment Rs 70000 ( unit 1689.197), dividend recd.Rs.10135.18
Sold goods worth 425760 on credit to ABC Traders which is inclusive of 4% vat tax.Pass sales entry with Vat tax
what is similarites between tata motors and airtel
what are valuation accounts?
PLEASE TELL IF I PAID BY CHEK ON 31 MARCH 2009 AND CLEAR IN THE BANK ON 5.4.2010.PLEASE EXPLAIN IT WHAT EFECT ON F.Y AND A.Y.?
Expand C P I
what is the point of sale
Expand---------RTSP
Expand GAAP?
DESCIBE EXPORT PROCEDURE
Audit 
