What is the Difference between Real Accont and Nominal
Account?
Answer Posted / gajendra
real account is real which we can see it cash .machine and
land its a real thing so it is a real account dabit wt
comes in and goes out
Nominal account - in this account all included expenses and
loses rent, paid salery paid. this account relating all
enry is shown profit and loss account ,
Is This Answer Correct ? | 37 Yes | 8 No |
Post New Answer View All Answers
describe how accuracy in trial balance is a prime objective for preparing the financial statements?
WHICH IS MORE RISKY TO A BANKER, A CASH CREDIT OR A LETTER OF CREDIT
What is miscellaneous expense and when it is used
respected sir,i am doing II b.com(CA) in a reputed college..i want to know about the ideas and ways to shine in future.i am doing ICWAI also sir.i want to know what shall i study more in this field to shine...
If its is declared by auditor that business is not going concern that what journal entry will be pass?
what type of questions are asking for fund administration???
EXPAND___________LNG
what is the good prasentation on interview
Expand---------ODMT
is indian bank or canara bank CBS brach?
How Are The Balance Sheet And Income Statement Connected?
What is ABC Analysis in industrial function. hw can it s maintain ?
Whether the TIN and CST no. remain same for a firm in M.P. state. If a firm ask for CST but having only TIN no. is it correct to entertain his invoice?
1. what is debenture? 2.Why company will issue shares? 3. What is audit? 4. What is the role of finance department? 5. What is mutual fund?
In case of cement plant we have to capitalizee locomotive engine my question is about the rate of depreciation on SM basis and category in which it should be capitalize?