Accountancy, asked by marutigurav006, 7 months ago

In a non-integrated system of accounting, the emphasis is on,
(a) Personal accounts
(c) Nominal accounts
(b) Real accounts
(d) All of these​

Answers

Answered by Anonymous
7

Answer:

a) personal accounts

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Answered by Anonymous
0

In a non-integrated system of accounting, the emphasis is on Nominal accounts. (Option c)

Nominal accounts:

  • Accounts linked to losses, expenses, income, or gains are known as nominal accounts.
  • A purchase account, a sales account, a salary account, a commission account, and so on are all examples of different types of accounts.
  • Profit or loss is the result of a nominal account, and it is subsequently transferred to the capital account.

The following are the golden rules for recording any nominal account transaction:

1. Debit all the expenses and losses.

2. Credit all the income and gains.

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