nature of account

Nature of Provision of Depreciation/Debtors....... is Nominal Account

Rule :-

• Dr All expenses and losses
• Cr all income and profits

Explanation

When we made the provision we Debit the provision against the respective asset and credit such respective asset and at the time of closing of the books we set off it through Profit and loss account

I know that account of provision for any purpose is in the nature of nominal. I think this is bcoz the origin of that accounts is profit and loss a/c and p&l is nominal account. But I am confused for my logic is it true of false.