हिंदी

State whether the following statement is True or False with reasons: Discount account is a nominal account.

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प्रश्न

State whether the following statement is True or False with reasons:

Discount account is a nominal account.

विकल्प

  • True

  • False

MCQ
सत्य या असत्य
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उत्तर

This statement is True
Discount is a gain earned by the proprietor at the time of sale. Hence it is a nominal account.
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  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 2: Meaning and Fundamentals of Double Entry Book-Keeping - EXERCISE [पृष्ठ ४०]

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बालभारती Book Keeping and Accountancy [English] Standard 11 Maharashtra State Board
अध्याय 2 Meaning and Fundamentals of Double Entry Book-Keeping
EXERCISE | Q 4. 9) | पृष्ठ ४०

संबंधित प्रश्न

Answer in one sentence only.

What is an Account?


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Accounts of Expenses and Losses and Incomes and Gains.


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The Assets which cannot be seen, touched or felt.


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Every debit has corresponding ____________


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Goodwill is ______ asset.


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Outstanding salary is a nominal account.


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Loan account is personal account.


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Increase in capital is credited and decrease in capital is ______


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______ accounts are accounts of properties and assets.


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Loan A/c


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Discount A/c


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Repairs A/c


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