Answer Posted / ppp
As per Golden rules Salary is considered generally as
Nominal A/c.But If any prefix or suffix is added with this
a/c then it will be treated as Personal A/c.
As per Golden rules All expenses & Losses
are treated as Dr. balance and Salary is an Exp. in respect
of Proprietor that's why we can call it Nominal A/c.
| Is This Answer Correct ? | 13 Yes | 4 No |
Post New Answer View All Answers
discounted our own note 60-18% for 4,500 note. the proceeds will be directly credited to bank account. what is the entry of this?
How the sub ledgers(AP, AR) integrate with GL liability and receivable
What are Home Equity Loans ?
hello,dear any body give me mis report format. my email :kumar_ranjeet121@yahoo.in
which Electrical items is Exciseible
While we are bringing our machinery items to factory through a vehicle from other state to Andhra pradesh, is this correct to send our own state way bill along with the other state way bill.
what are the certificates needed at the time of SBI clerical interview?
If someone knows about the test pattern of Junior executive accounts than please share.
What three Specific Job Positions do you target from the Industry
sort out the difference between service provider & service reciepient from the service tax.
what is budgetory control and what are the types
Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance
explain the difference between LIFO and FIFO?
why are you selecting for the profitbulity analysis costing based& active based
CAN ANY OF U TELL ME WHAT QUESTION ACTUALLY ASK IN OPERATION ROUND IN BA CONUTNNIUM SOLUTION