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प्रश्न
State whether the following statement is True or False with reasons:
Discount account is a nominal account.
पर्याय
True
False
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उत्तर
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संबंधित प्रश्न
Answer in one sentence only.
What is an Account?
Write one word/term or phrase which can substitute the following statement.
Name of the account which is debited when proprietor uses business money for personal use.
Write one word/term or phrase which can substitute the following statement.
Accounts of Expenses and Losses and Incomes and Gains.
Write one word/term or phrase which can substitute the following statement.
The Assets which cannot be seen, touched or felt.
Select the most appropriate alternatives from the given below and rewrite the statement:
Every debit has corresponding ____________
Select the most appropriate alternatives from the given below and rewrite the statement:
Goodwill is ______ asset.
State whether the following statement is True or False with reasons:
Discount received is a nominal account.
State whether the following statement is True or False with reasons:
Motor car account is a Real Account.
State whether the following statement is True or False with reasons:
Bank loan account is a Nominal account.
Fill in the blank:
Laptop account is a ______ account.
Classify the following accounts under the types of Personal, Real and Nominal account:
Loose Tools A/c
Classify the following accounts under the types of Personal, Real and Nominal account:
Patent A/c
Classify the following account under the types of Personal, Real and Nominal account:
Freight A/c
Classify the following account under the types of Personal, Real, and Nominal account:
Sundry Income A/c
Classify the following account under the types of Personal, Real and Nominal account:
Live Stock A/c
Classify the following account under the types of Personal, Real and Nominal account:
Goods distributed as free sample A/c
Classify the following account under the types of Personal, Real and Nominal account:
Loss on Sale of Furniture A/c
Classify the following account under the types of Personal, Real and Nominal account:
Audit Fees A/c
Classify the following account under the types of Personal, Real and Nominal account:
Income tax A/c
Classify the following account under the types of Personal, Real and Nominal account:
Indian Railways A/c
Classify the following account under the types of Personal, Real and Nominal account:
Income Received in Advance A/c
Classify the following account under the types of Personal, Real and Nominal account:
Discount A/c
Classify the following account under the types of Personal, Real and Nominal account:
Repairs A/c
Classify the following account under the types of Personal, Real and Nominal account:
Royalty A/c
