Financial Accounting MCQs

The rule debit all expenses and losses and credit all income and gains relates to

April 23, 2022

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The rule debit all expenses and losses and credit all income and gains relates to

Q. The rule debit all expenses and losses and credit all income and gains relates to

A. Nominal accounts

B. Personal account

C. Real account

D. None of the above

Answer: Nominal accounts

The rule debit all expenses and losses and credit all income and gains relates to

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The rule debit all expenses and losses and credit all income and gains relates to

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