मराठी
महाराष्ट्र राज्य शिक्षण मंडळएचएससी वाणिज्य (इंग्रजी माध्यम) इयत्ता १२ वी

State Whether the Following Statement is True Or False.

Advertisements
Advertisements

प्रश्न

State whether the following statement is True or False.

The Balance Sheet is a nominal account.

पर्याय

  • True

  • False

MCQ
Advertisements

उत्तर

False

Explanation: A Balance Sheet is a statement and not an account containing the summary of personal and real accounts. On the other hand, Trading and Profit & Loss Account is a nominal account.

shaalaa.com
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 2: Partnership Final Accounts - Exercise 4 [पृष्ठ ६५]

APPEARS IN

मायकल वाझ Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
पाठ 2 Partnership Final Accounts
Exercise 4 | Q 2 | पृष्ठ ६५
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×