What Are Nominal Accounts? List Accounts Consisting The Nominal Accou

1.	What Are Nominal Accounts? List Accounts Consisting The Nominal Account.
Answer» Nominal Accounts are the accounts of Incomes, EXPENSES, Losses and Gains. Nominal Accounts consist of the following types of accounts: INSURANCE Account WAGES Account INTEREST Paid or Received Account Commission Paid or Received Account Telephone Expenses Account Salary Account Nominal Accounts are the accounts of Incomes, Expenses, Losses and Gains. Nominal Accounts consist of the following types of accounts:

What Are Nominal Accounts? List Accounts Consisting The Nominal Account.

Answer»

Nominal Accounts are the accounts of Incomes, EXPENSES, Losses and Gains.

Nominal Accounts consist of the following types of accounts:

Nominal Accounts are the accounts of Incomes, Expenses, Losses and Gains.

Nominal Accounts consist of the following types of accounts: