Answer Posted / sirisha
Nominal account is related with
losses,expenses,income&gain.
rule-Debit all expenses &losses (rent a/c, postage and
stationary)
Credit all income and gains (sales, dis received, int
received)
| Is This Answer Correct ? | 112 Yes | 13 No |
Post New Answer View All Answers
HI CAN ANY ONE HELP ME OUT IN (FICC INTERVIEW QUESTION) FOR COGNIZANT HYDERABAD.
What is the meaning of refinance?
What's CRR?
Difference between debit card and credit card
what are the various field which one gets in to finance such as those of wealth management, investment portfolio etc? and what do such field teach us exactly?
What is Capital of a Company?
Is there any relations in between Sensex and foreign currency values? like if the sensex increased then the value of Rs goes up over USD (United state doller)?
Do you know about NPA?
Define FII? How does it benefit the government?
Explain about NBFCs?
What is the difference between cheque and demand draft
What Is Consumer Bank?
Explain what is cash equity?
What Are Bearer Debentures?
What Documents Do I Need To File In A Chapter 7 Case?
