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...

Sales A/C belongs to which account type?

Answer Posted / rahul

I know sales a/c is a NOMINAL A/C....... but i am confused very very confused because when sales a/c is nominal it does not support ACCOUNTING EQUATION and if we knows that sales a/c is a Real a/c is does not support Profit and Loss a/c

Is This Answer Correct ?    3 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

In 3 way match.....Order qty is 100 and received 90 and 10 got rejected. But the supplier sent an invoice for 100 qty. what are the steps we need to take in SAP. Whether we need to reject the invoice or process with the 90 qty .please explain with real time.

2220


Wat entry ill come after paying the Cen -Excise Tax Vat Tax and Service Tax in the same time

4858


How to pass the entry in tally for demolished of building?

2646


PLEASE CLEARLY EXPLAIN WHAT IS MEANT BY TDS,CST,ADVANCE TAX,PF,PT,ESI.CLEARLY AS IF EXPLAINING TO LAY MAN

2617


what is "goodwill" reserve and surplus and reserve with example

2034


Mention your extra-curricular interests. Which do you actively pursue? How do you see these developing in the future?

2357


What are accounting rules called?

1072


Hi, in Vendor Master i put in defualt data material in purchasing group in sap. now i want to report or list only purchasing group wise vendor only like subcontractor vendor list only how to get this?

1961


Explain me what is assets minus liabilities?

1058


Can you send me advertisement format for lost of E-1 form. kindly do the needful urgently. Thanks AP

1923


Tell us how can you define departmental accounting?

1032


What is meant by calendar maintenance?

1166


Explain me have you ever heard about tds, what it is?

1096


pass journal entry for Prepaid insurance

1688


purchase of Rs 1000 were rejected and returned,however vendor returned Rs 800 and balance Rs 200 is charged to sundry exp A/c

5019