Accountancy, asked by 7804purabmallick, 10 months ago

interest recieved
is which account personal ,real or nominal

Answers

Answered by ayushbag03

Interest and Bank are Nominal account and Real Account. The Golden rule to be applied is: Debit what comes into the business. Credit the income or gain.

Previous Question

Next Question

Similar questions

English, 5 months ago

3. The teacher tried to make the student confident but he still looked very___________...

Math, 5 months ago

3. If I run 6 laps each day and each lap takes 10 minutes. I spend minutes, in running for 4 days.

Political Science, 5 months ago

write a note on VP Singh explain in 5 marks...

Math, 10 months ago

10-38+65-14=? find the answer don't search from Google post the picture of the answer...

Political Science, 10 months ago

any one would like to attend MUN pls tell me asap...

Biology, 1 year ago

Which one of the following techiniques made it possible to genetically engineered living organismds? (a) hybridization (b) recombinant DNA techniques lo X-ray diffraction (d) heavier isotope labelling ...

Math, 1 year ago

(iv) [20 - 2 {5+ (- 12)}x {2 (5 - 2-9.)}]...

Math, 1 year ago

Find the value of X please anyone answer...

interest recieved is which account personal ,real or nominal​

Answers

interest recieved
is which account personal ,real or nominal