Communiquez avec les autres et partagez vos connaissances professionnelles

Inscrivez-vous ou connectez-vous pour rejoindre votre communauté professionnelle.

Suivre

Nominal accounts are _?

 

  1. Real accounts
  2. Permanent accounts
  3. Not closed at the end of the fiscal period
  4. All
  5. None

 

 

 

user-image
Question ajoutée par Ahmed Abdi Mahad , Director of Internal Auditing Directorate , Jigjiga University
Date de publication: 2015/05/30
Utilisateur supprimé
par Utilisateur supprimé

I would go with5. None of the above.

Shahbaz Hayder
par Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Option5 is the right answer.

Arsalan Jadoon
par Arsalan Jadoon , Senior Accountant , Saudi Ceramic Company

Nominal Accounts is Temporary account such as income statement account.Nominal accounts are accounts that report revenue, expenses and owner drawing account.All such account are closed at the end of accounting year.

Saji Soman
par Saji Soman , Chief Accountant , Al Redha Insurance Brokers LLC. (Dubai)

Option5 None is the answer.

Ahmed Abdi Mahad
par Ahmed Abdi Mahad , Director of Internal Auditing Directorate , Jigjiga University

Nominal accounts are temporary accounts.

They are closed at the end of the fiscal period

They are temporary accounts

They are all income statement accounts, the owner's drawing and/ or dividend accounts

 

Haidar Alali
par Haidar Alali , GL Accountant , National OilWell Varco NOV

I think Option5 beacuse Nominal Accounts are closed at th end of the year.

Leonard Santiago
par Leonard Santiago , Analyst - Financial & Budget , Unified Real Estate Development Company

Answer:5. None

Nominal accounts are temporary accounts closed at the end of every calendar or fiscal year.

More Questions Like This