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Golden rule for Nomianal Account?
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Answer / knareshmba
Hi
Nominal Acount
Debit expenses and losses :
Credit incomes and gains
| Is This Answer Correct ? | 28 Yes | 1 No |
Answer / mvenkatmba
For nominal ac
Debit all expenses and losses
credit all incomes and gains
| Is This Answer Correct ? | 21 Yes | 2 No |
Answer / satyaki_raju@yahoo.com
Debit all expenses and losses of the business
Credit all incomes and gains of the business
| Is This Answer Correct ? | 11 Yes | 1 No |
Answer / dharmendar singh rawat
Nominal Acount
Debit All expenses and losses
Credit incomes and gains
| Is This Answer Correct ? | 8 Yes | 1 No |
Answer / shraddha kasalkar
dr all expenses and loses
cr all incomes and gain
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / rahul kanojiya
Debit all expenses and losses
Credit all income and gains
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / sandipan chakraborty
what comes in Dr
And what goes out is Cr
| Is This Answer Correct ? | 1 Yes | 3 No |
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Where we show the Contingent Assets.
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3 Answers Christ University, College School Exams Tests, Deloitte,
Audit 
