Accountancy, asked by Sujaljain16, 8 months ago

Debit balance in Nominal A/c shows:

Answers

Answered by Rwikjitnandi0078W

Explanation:

Nominal Accounts with Debit balances

Those ledger accounts which have a debit balance in them represent expenses or losses The total (sum) of balances in all the nominal (ledger) accounts with a debit balance indicates the total (expense + losses).

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