bad debt recovered is ------------ account (personal/Nominal/Real)
6 Replies
Deepak Gupta
(CA Student)
(15922 Points)
Replied 19 June 2014
| 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.)
sandeep kumar vinnakota
(article student)
(39 Points)
Replied 21 June 2014
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
Ronak Chauhan
(working in CA FIRM)
(25 Points)
Replied 21 June 2014
Hey guys
Plz help me in which type of contract a married women cannot do sign ???
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