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...

what is difference between nominal and real account

Answer Posted / satyanarayana raju

Nominal accounts helps us to know the result of the venture
Real accounts will be placed in Balance sheet and will help
us to know the financial status of the orgonisation

Is This Answer Correct ?    19 Yes 9 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Lets suppose X sold goods to Y on credit basis and after the due date is over Y could not make the payment due to Y became insolvent, so In X books he will show the uncollectible as Bad debts expense but in Y account under which account Y will show this while journalizing this transaction in his books of accounts?

999


what are the payroll procedures?

2173


how to prepare mba finance for interview questions

2614


what is Journal Entries?

2075


PO Amount is 100000 Jv is Purpose A/c To Party A/c First payment is 10000 TDs is 1000 What is the Payment enter in tally

2161


what about case study

2042


while i creating a main asset master there is a error called process being terminated? pls send the solution

2135


What is account

2162


whether unsecured loans written off can be transferred directly to capital reserve without crediting it to profit and loss account

2283


What is contract accounting?

2287


Your company code use USD as the company currency. You are trying to post to an account in EUR but get an error message that you can see the problem. What is the reason?( any 1 answer) • The currency maintained in the account master record is USD • The translation rate between EUR and USD is NOT maintained • The only balances in local currency indictor is set in the account. • The account determination for exchange rate difference is missing for the account

2144


What is communicating

1982


what is article of association? what is memorandum of association?

2257


How to Calculate PF with interest or without interest.

3250


what do u mean by single error and double error in accointing errors?

2206