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Any Nominal Account Head prefixed or suffixed by the terms outstanding, prepaid, still receivable, etc., is a Personal Account. True or False?

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Question ajoutée par VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date de publication: 2014/09/08
SREEDEVI SUNILKUMAR
par SREEDEVI SUNILKUMAR , Business finance officer , Emirates Airline

True

Khaled Mohee Eldeen Abbas Mahmoud
par Khaled Mohee Eldeen Abbas Mahmoud , Chartered Accountant # 10465 , Self-employed

yes true. nominal account is related to expenditure / loss or income / gain

Kumar Thenuwara
par Kumar Thenuwara , Executive Secretary , Al Sulaiman Inter Market International

False

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