Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


salary is which type of account??

Answers were Sorted based on User's Feedback



salary is which type of account??..

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

salary is which type of account??..

Answer / mahendar

salary A/c is a nominal A/c. As per basic principle All
expenses and All liabilities are treted as a nominal a/c.
debit all expenses, and credit all income.

Is This Answer Correct ?    35 Yes 6 No

salary is which type of account??..

Answer / arjun

salary is Nominal a/c

Is This Answer Correct ?    24 Yes 2 No

salary is which type of account??..

Answer / ramya naidu

Salary is Nominal A/C. It is an expenses to the
Organisation.

Is This Answer Correct ?    15 Yes 1 No

salary is which type of account??..

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

salary is which type of account??..

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

salary is which type of account??..

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

salary is which type of account??..

Answer / rajesh

Salary is a nominal A\C.

Is This Answer Correct ?    10 Yes 1 No

salary is which type of account??..

Answer / rajesh

Salary is a nominal A\C.

Is This Answer Correct ?    9 Yes 0 No

salary is which type of account??..

Answer / chandu

salary is an expenses. it is nominal account nominal
principal is whats come in
what goes out

rent, telephone charges, electrical charges salary this are
expenses. in profit and loss account debit expenses and
credit incomes.

Is This Answer Correct ?    16 Yes 11 No

Post New Answer

More Accounting AllOther Interview Questions

what is depriciation

5 Answers  


what will be entry for bank charges in cash book

4 Answers   ABC,


what is sensex and nifty.

8 Answers   HDFC, Nabard, SEBI,


apptitude Questions for accounts payable job

1 Answers   Accenture, Airtel, Call Centre, WNS,


What is Depreciation and how is it different from amortization

5 Answers   IBM, Thomson Reuters,


Why Bank Reconciliation is required?Other reconciliation you do?

1 Answers   IBM,


Define depreciation

2 Answers  


1. WHAT DOES SALES ON THE DEBIT SIDE OF A TRAIL BALANCE MEAN AND WHAT IS THE TREATMENT IN PREPARING TRADING PROFIT AND LOSS ACCOUNT. 2. IS IT POSSIBLE TO HAVE SALES ON THE DEBIT SIDE OF A TRIAL BALANCE.

1 Answers  


What do you understand by the Term Capital Gains Used in the Income Tax Act ? What are the rules regarding exemption of Capital Gains ?

1 Answers  


what is mean by brs?

8 Answers   Gati,


Why not we must to created Provision & Reserve? And if we're not to recognized what the effect will be?

0 Answers  


what is diffrance between preliminary Exp and Misc. exp

2 Answers  


Categories