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Nature of accounts

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(Querist)
05 September 2010 Please tell me that sale & purchase a/c is nominal a/c or real a/c & also tell me the nature of a/c of purchase return & sale return
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Thrissurkkaran Ishtan

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Thrissurkkaran Ishtan (Expert)
06 September 2010 All of them are nomtial account.

Pls revert, if your query is not resolved.
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Nitin

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Nitin (Querist)
08 September 2010 Sir it is Nominal a/c if not than plz tell me some thing in the detail about the nomtial account
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
08 September 2010 Accounts related to Revenue & expenses called nominal account.

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