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 nominal account ?

Answer Posted / sujay mandal

nominal a/c is realted with losses,expenses,income and gain
dr:-repairing,stolen
cr:-purcahse

example-rent a/c, salary a/cetc.

Is This Answer Correct ?    28 Yes 8 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is 'contingency fund'?

1291


What is 'consolidated fund'?

1098


What idea do you frame of insurance sector in India?

1087


Why should I invest in Mutual fund which is not secured rather than investing in Any Nationalized bank which is giving me guaranteed interest rate of 9.5% per annum which is also more secured?

1069


What is the main use of SLR? What is Inflation in India?

1222


What is GDP? How it is calculated?

1103


Explain the term currency chest.

1101


What is Repo Rate? What is CRR Rate in India?

1207


What is Green Channel?

1132


Which system eliminates the physical movement of cheques and provides the efficient method for cheque clearing?

956


What is 'overdraft facility'?

1151


What do you know about Jan Dhan Yojna Scheme?

1075


DESCRIBE A FAILURE IN PROFESSIONAL OR ACADEMIC LIFE?HOW TO OVERCOME

16705


What happens when reserve bank of india reduces the bank rate by 1%?

971


What do you know about Chief of Planning Commission and Election Commission etc.

1108