Answer Posted / pradeep banduni
nominal a/c is the a/c in which we calculate income(gains)
expenses(losses)
nominal a/c having following rule:-
Dr. All expenses & losses
Cr. All income & gain
| Is This Answer Correct ? | 40 Yes | 5 No |
Post New Answer View All Answers
why do you choose MBA finance after your IT engineering?
Explain share capital and reserves and surpluses.
what is portfolio mgt and its scenerio in india? plz sugest me.
What is Registered Company? Give Its Two Kinds?
what is the difference between apr and interest rate?
Name some of the most common actuarial software used in industry?
What are the stages of 'money laundering' process?
What is the minimum and the maximum period for the fix deposit?
How can government stop cash flow in the economy?
Tell about fiscal Deficit and budgetary deficit?
Mention the difference between bills payable and bills receivable?
what is Option trading?
Classify the Company According to Incorporation?
Tell about the different types of banks?
What are the different benchmarks against which ratios are compared?