Choose the right answer
Which of the following is Nominal account
1.Sales 2.Customer 3.Dealesrship Deposit
Answers were Sorted based on User's Feedback
Answer / vino
NominalAccounts means Debit all expenses and loses and credit all gain and income, so this transation only mention with sales,customer consider by personal and real account and delership deposit only mention by nominal account.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / mukadam shahbaz abdul wahab ru
As per Accounting Principles Sales A/C is covered under the
head of Nominal Account.
Is This Answer Correct ? | 0 Yes | 1 No |
going concern concepts
What is mean by Journalising ?
13 Answers Capital IQ, Su Kam,
Expand----------MCT
What is meant by the Ficititious Assets?
What is a ‘ratio’?
can anyone provide me the Balance Sheet Items & Profit & Loss A/c Items & Accounting Heads with Accounting codes?
loss of pay for a employee when he is not having single leave bal. in his account that time what is the calculation 2) what exactly the days to be considered i.e. 26 days or 27 days i.e. to arrive at salary per day what exactly the days to be divid
Workers name-Madhu Saha.Pay structure,basic-5850,HRA-1350,CCA-900,TRAV.ALLOW.900.DEDUCTION-PF-702.ESI-150,P.TAX-90.WHAT IS THE EXTRACT IN PF,ESI,IN BALANCE SHEET & sALARY IN p/l A/C . iS IT POSSIBLE THAT PERSONS'S NAME SHOUL COME I P/L
Expand ________CBC
What is Balance sheet? How to know the financial position of the company in balance shhet?
what is diffrance between preliminary Exp and Misc. exp
what are real,nominal,personal and impersonal accounts