Choose the right answer Which of the following is Nominal account 1.Sales 2.Cu

Choose the right answer
Which of the following is Nominal account
1.Sales 2.Customer 3.Dealesrship Deposit

Question Posted / satyaki_raju@yahoo.co.in

3 Answers
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Choose the right answer Which of the following is Nominal account 1.Sales 2.Customer 3.Dealesrship..

Answer / padmanabham

sales

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Choose the right answer Which of the following is Nominal account 1.Sales 2.Customer 3.Dealesrship..

Answer / vino

NominalAccounts means Debit all expenses and loses and credit all gain and income, so this transation only mention with sales,customer consider by personal and real account and delership deposit only mention by nominal account.

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Choose the right answer Which of the following is Nominal account 1.Sales 2.Customer 3.Dealesrship..

Answer / mukadam shahbaz abdul wahab ru

As per Accounting Principles Sales A/C is covered under the
head of Nominal Account.

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