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
What is the difference between Nationalized bank and Private Bank?
What Is Money Market Account?
What are limited liability companies? What are its two types?
How will you define growth and development?
What Is Cost Of Funds Index (cofi)?
What Are The Types Of Accounts In Banks?
What are the advantages and disadvantages of proprietary firms?
What Entry Will Be Passed When Debentures Are Issued at Premium?
Give the difference between cheques and demand draft?
What is inventory/stock turnover ratio?
what is the default configuration Tally ERP 9 provides for Balance Sheet?
How Do You Report A Write-down In Inventory?
What is your greatest concern about investment banking right now?
Dear sir, please send me previos papers of rbi THANKS
Would You Please Explain Unearned Income?