Answer Posted / pradeep banduni
nominal a/c is the a/c in which we calculate income(gains)
expenses(losses)
nominal a/c having following rule:-
Dr. All expenses & losses
Cr. All income & gain
| Is This Answer Correct ? | 40 Yes | 5 No |
Post New Answer View All Answers
Tell about sub- prime lending?
What is retail banking?
How will you define KYC?
What is the difference between micro finance and micro credit?
What do you know about International Monetary Fund?
Differentiate between shares and mutual funds?
What Is Line Of Credit?
Tell something about Pradhan Mantri Jan Dhan Yojna?
Under Funds Managment, where a Company can park its idle funds temporarily (like call money market, treasury bills etc.,)to maximise the returns. I need answers elaborating various channels the Conmpany can invest wisely. Any Financial Controller can narrate his experience in managing the funds, which will be very practical for us.
Do you think Activity Diagram is important and how?
Explain the concept of finance accounting?
Will Donald Trump's Presidential Election affect the Indian economy?
What is needed for insurance?
What Is Beta Of An Asset?
Ten years down the line where would you see yourself?