Accountancy, asked by manichman01, 10 months ago

What is accounting rule for nominal accounts?

Answers

Answered by SHREY1620T
3

Answer:

Nominal Account:

The rule related to nominal account states that debit all expenses and losses, credit all incomes and gains.

Explanation:

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Answered by devsingh98011
3

Answer:

Nominal Account:

The rule related to nominal account states that debit all expenses and losses, credit all incomes and gains.

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