Financial Accounting MCQs

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

April 23, 2022

19 Views

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

Previous

Financial accounting is concerned with

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

Next

Double entry system is used in which type of accounting

Related Articles

Sar Utha ke Jiyo is the tag line of –

Sar Utha ke Jiyo is the tag line of –

Bonds issued by Indian entities outside India but denominated in Indian rupees are known as

Bonds issued by Indian entities outside India but denominated in Indian rupees are known as

Fiscal policy is concerned with which of the following?

Fiscal policy is concerned with which of the following?

In which area, different accounting policies are adopted?

In which area, different accounting policies are adopted?

We will be happy to hear your thoughts

Leave a reply Cancel reply