Which of the following is not a Nominal Account?
...Which of the following is not a Nominal Account?
Electricity account
Furnitures and fittings account
Postages and telephone account
Insurance account
Discount allowed account
Correct answer is B
No explanation has been provided for this answer.
Given: Assets and Liabilities of a Local Government Bank balance #6,484,000 Cash # 900,000 Gen...
Revenue is recognized in the profit and loss account as soon as a ...
The not-for-profit-making organizations generate their income mainly from? ...
Goods can be charged to branches using any of these pricing methods except ...
The similarities between Receipts and payments and income and expenditure account is ...
Expenses incurred when incorporating a company are ...
The current growth in the volume of trading and financial dealing in Nigeria is helped by ...
When forming a partnership, new partners should record non-monetary assets on the new partnership...