Interested to Buy Any Domain ? << Click Here >> for more details...
i was asked to journalise nominal accounts please give me
the answer with examples so dat its easy for me 2 understand
- 3 Answers
- 5510 Views
- Target, I also Faced
- E-Mail Answers
Answer Posted / guduri
All nominal accounts deal with transactions related with
Income and expenditure of a business. Blind way of
understanding is you have to debit all business related
expenses and losses happening due to unforseen happenings
and credit all incomes and gains of the business
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
how to prepare the balance sheet of private ltd. company & what roll should be play by Income tax, compnay law & accounting standard in India & world.
Is interest of a business unit Operating Expense or Non Operating Expense
Whatis new GL & Odd G.L What is the difference between these two.
what do you mean by financial analysis and technical analysis ?
What type of Questions are asked for Interview in Infosys - Financial Process. Any one who is into Research Analyst or Process Executive role, kindly contribute the Questions faced by you?
ER-1, ER-2,ER-3,ER-4,ER-5,ER-6,ER-7 plz tell me use of these excise form
explain the financialand economic meaning of investment?
Rs. 23.50 ( Rupes twenty three & paise fifty only) what is euro Conversion?
what is the main link between the income statement and the balance sheet?
Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?
What is the GDP growth?
what is the entry for goods sent from one factory to another under inter branch transfer sale of the same compny and what should be the valuation for this purpose?
Short Answer on ________Accounts Payables
PO Amount is 100000 Jv is Purpose A/c To Party A/c First payment is 10000 TDs is 1000 What is the Payment enter in tally
What are the legal entities that constitute your business? Does a legal entity have a seperate Federal Tax Id? In which country does a legal entity operate? In which currency does a legal entity operate? When does each legal entity's fiscal year begin?
