bad debt recovered is ------------ account (personal/Nominal/Real)
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Bad debt recovered
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| Originally posted by : Hari K Mundayur | ||
 |
bad debt recovered is ------------ account (personal/Nominal/Real) |  |
Nominal Account (Gain)
(Golden rule for Nominal A/c – Dr. all losses and expenses, Cr. all incomes and gains.)
@ Deepak Guptha
Thanks a lot
Nominal account.
Its a nominal a/c
Its a nominal account because in my opinion it is an amount received which was not accounted as receivable previously and also was not a payable to anyone
Hey guys
Plz help me in which type of contract a married women cannot do sign ???
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