bad debt recovered is ------------ account (personal/Nominal/Real)
Menu
Bad debt recovered
Replies (6)
| 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 ???
Recent Threads
- TDS on DDA Flat Purchase
- Can CA Foundation be done without coaching
- Department issue notice to client to pay TC
- Income from profession less than 50 Lakhs
- Discover the Best CA Classes in Delhi for a Succes
- Is CA Foundation Compulsory for Becoming a Charter
- Setting CA practice.
- Difficulty in uploading itr3
- Gift received from Sister
- "off market credit transactions" mention
Related Threads
CAclubindia
