Which of the following is not a Nominal Account?
...Which of the following is not a Nominal Account?
Electricity account
Furnitures and fittings account
Postages and telephone account
Insurance account
Discount allowed account
Correct answer is B
No explanation has been provided for this answer.
\(\begin{array}{c|c} \text{Rent receivable accrued 1/01/2005} & D3,000\\ \text{Rent received dur...
Sundry debtor..................N20,000 Provision for bad debts........N500 Provision for bad deb...
The main advantage of a departmental account is that its ...
A fixed cost is fixed only in relation to ...
What is the balance carried down? ...
A sales for N2,570 was recorded in the sales day book as N2750. The error committed was ...
N Net profit -------------------------17,460 Capital account: Taiwo--------50,000 &...