Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is the Difference between Real Accont and Nominal
Account?

Answer Posted / rajesh kumar soni

Real account is the account of all assets . For example
Machine A/c, Land A/c etc.
Rule for it........
What comes in Dr.
What goes out Cr.
Nominal account is the account of all expenses and losses.
For example- Salary expenses, Rent Expenses, etc
Rule for it............
All expenses and losses Dr.
All profit and gains Cr.

Is This Answer Correct ?    80 Yes 11 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what are the aspects an auditor has to see when he/she is doing the Purchase,Sales and Journal Vouching

1951


total capital stock

2164


I want to know how to get Appeared to the examination of State bank of India. And how can i find the question Book Series.

2116


what is meant by qurum

2548


What is cash clearing account

2003


what is composition vat

2436


what would you contribute for bhels growth

2113


what is portfolio Saint?

2056


What is the process of VAT & CST Registration?

2553


What is revaluation of assets.when it occurs

2368


Please define Transaction Type , Movement Type , Asset Transaction Type , Item Type & Document type. Please also give examples of each of them

2640


if jj form not cancelled within 1hour,wat to do

1894


I need all WNS interview questions

2248


At Present Situation in sensex market is low, It converts the whole human being life into the depth. When and how it will change? Is it possible?

2114


how Mis reports are used?n why it is used ? explain

2065