Question

Example related to debit the all expenses and credit the all income and gain

Answer 1

Nominal account items .

example of debit the all expenses and losses 
1.administrative expenses
2.depreciation
3. loss on sale of asset 
4.provision for tax 



 credit the all income and gain
1. profit on sale of asset 
2. interest income
commission received


P&l items is all examples of expenses related to debit the all expenses and credit the all income and gain.

Hope its useful..!