Which of the following is a Nominal A/c
A)Outstanding Salary A/c .
B)Rent A/c .
C)SBI A/c .
D)Debtors A/c

Name: Which of the following is a Nominal A/c A)Outstanding Salary A/c . B)Rent A/c . C)SBI A/c . D)Debtors A/c
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Question

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Rent Account is a nominal account because it records an expense or income, not a tangible asset or liability. Nominal accounts are those that relate to expenses, losses, incomes, or gains.

Which of the Following Is a Nominal A/c