Math, asked by prabhleen02, 8 months ago

which accounts are transferred to trading account and pnl account _nominal account
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Answers

Answered by BrainlyMehu
0

≈≈> Nominal or temporary accounts are closed at the end of each accounting year. This means that their account balances are transferred to a permanent account. Hence, all nominal accounts transferred to trading and profit and loss .

Answered by mananmadani53
0

Answer:

Nominal or temporary accounts are closed at the end of each accounting year. This means that their account balances are transferred to a permanent account. Hence, all nominal accounts transferred to trading and profit and loss

Step-by-step explanation:

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