what is difference between nominal and real account

Answer Posted / vishakha

NOMINAL A/C SHOWS THE BUSINESS GAINS OR LOSS AND THIS
ACCOUNT SHOW THE FIXED COST AND SEMI VARIABLE COST
EXPENSSES.
REAL A/C SHOW THE WHERE CASH & BANK BALANCES ARE INVESTED

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

please specify some books name in preparing a bank exam apttirutude questions

1559


Whatis new GL & Odd G.L What is the difference between these two.

1661


A crushing unit blasted 1650Mts in the month of March 2009. The rate of Royalty to be paid is rs 35/- Per MT. Advance royalty was paid rs 250000/- on 1-3-2009. pass journal entries from the advance royalty

1444


how to solved the shares qusionas ?

1614


What goals do you have in your career

1947






What is the Assets & Liabilities?

1791


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

1769


why should i hire you? what are your outside interest? what was your toughest decision you ever have to make?

1707


in a every intervew asking one common question why you are living current employer, which is the best answer

2561


Short Answer on ___________Finance Bill

1585


What is COVER payment?

2219


what are micro-cap, small-cap, mid-cap, large-cap companies?

1776


Expand---------OST

1739


sir i'm having exp as a HR-Recruiter, now i'm willing to work in other areas of HR.Is learning of accounting courses such as (Payroll mgmt,TDS, service tax, vat, provident fund, gratuity fund, Tally ERP.9 )is necessary? if so, kindly guide me what all accounting courses i need to study to work in other areas of HR. or what are the qualifications required to work in other areas of HR? 2)one of my friend would like to know the job profile for Finance admin..

1564


what is the difference between financial accouning and financial management?

1736