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

Answers were Sorted based on User's Feedback



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

Answer / padmanabham

sales

Is This Answer Correct ?    5 Yes 0 No

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.

Is This Answer Correct ?    0 Yes 0 No

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.

Is This Answer Correct ?    0 Yes 1 No

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