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Balance of nominal accounts are tranferr...

Balance of nominal accounts are tranferred to Trading Account or ________ Account.

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Profit and Loss
Profit and Loss
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Balance of partner's current accounts are :

TS GREWAL-PROJECT WORK-Fill in the blanks with appropriate words:
  1. Balance of Personal Account is carried

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  2. Every account has sides, debit and credit.

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  3. Balance of nominal accounts are tranferred to Trading Account or Acco...

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  4. The book in which every account is maintained is known as

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  5. Total of Purchase Book is posted to the of Purchase Account.

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  6. Total of Sales Book is posted to the of Sales Account.

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  7. Journal Proper records transactions of the nature for which Journal i...

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  8. Sales Book is prepared from the Invoice.

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  9. Closing entries are passed at the of the accounting period.

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  10. In Journal Proper , only discount is recorded.

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  11. Cheques deposited by not yet cleared are when Bank Reconciliation Sta...

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  12. Cheque issued but not presented are to Debit Cash Book balance when ...

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  13. Charges charged by bank and not recorded in the books of account are ...

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  14. Interest allowed by bank and not recorded in the books of account are...

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  15. Interest allowed by bank and not recorded in the books of account are ...

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  16. A Bank Reconciliation Statement is prepared to

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  17. When bank Column of a Cash Book shows a debit balance, it means

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  18. When Pass Book shows a credit balance,it means

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  19. When bank Column of a Cash Book shows a credit balance, it means

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  20. When pass Book shows a debit balance,it means

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