Question

All of the following are nominal accounts except
Rent payable
Electricity Expenses
Salar
Interest on Investments

Answer 1

Explanation:

I don't know about what you are saying

Answer 2

Answer:

All of the following are nominal accounts

Explanation:

Salary

Since nominal accounts are frequently linked to the income statement, revenues, expenses, profits, and losses are recorded there. Product revenue, cost of goods sold, compensation expense, and utility costs are a few examples of these accounts. The retained earnings account often receives the amounts from these accounts when they are flushed out at year's end.

Real accounts are used to record assets, liabilities, and equity since they are frequently related to the balance sheet. These accounts include additional paid-in capital, accounts payable, and accounts receivable as examples.

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