10 January 2011
Dear sir, Purchase & Provision account is what kind of account type, is it Nominal, Real A/c, or Personal a/c & why? Please explain with example. Thanks in Advance.
11 January 2011
we purchase that means cash is going out and stock is coming in so how ca we say purchase is nominal account not a Real A/c? Please explain it sir.
CAclubindia
