Accountancy, asked by prabhleen02, 10 months ago

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

Answers

Answered by mananmadani53
6

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

Explanation:

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