1. Categories >> Accounting >> Accounting General
  2. Suggest New Category

What do you mean by the word Loss in nominal accounting Give some examples

Question Posted / mudunuri

Answers were Sorted based on User's Feedback



What do you mean by the word Loss in nominal accounting Give some examples..

Answer / mudunuri

A happening which is under unforeseen and unavoidable circumstances

Is This Answer Correct ?    0 Yes 0 No

What do you mean by the word Loss in nominal accounting Give some examples..

Answer / raghuvstar@gmail.com

Eg for Nominal account

Rent paid,Salary paid,Commission paid.Etc........

Is This Answer Correct ?    0 Yes 2 No

Post New Answer

More Accounting General Interview Questions

what is one way , two way matching , three way , four way matching ?

0 Answers  

HOW THE BACKUP TALLY DATA & HOW IT WILL B SHOW IN MY CMPUTER AGAIN.

2 Answers  

What is holding company?

3 Answers  

purchases goosd in cash rupees 6500

2 Answers   TCS,

what is the meaning of single entery system and double entery system ?

4 Answers   Suzlon,




what is the entry pass of prepaid expense & o/s expenses?

3 Answers  

What is meant by partitioning?

0 Answers  

Suppose salary of march paid in april then what are the entries to be made in Tally in march and april and salary payable ledger to be created under which group? and salaries to staff ledger to be created under which group? What will be the journal voucher entry and payment voucher entry?

1 Answers   TCL,

What is NEFT? and its Limit(if any)

4 Answers   Amit Enterprises,

What will be the journal entry of purchase and sale for ac purchased for 40000 vat 5% sold for 45000 vat5%

0 Answers   Luminous,

what is a capital budgeting

23 Answers   Capital IQ,

if accounting year is 2010-11 which will be the assessement year.

7 Answers  

For more Accounting General Interview Questions Click Here
Categories