A nominal account is the same as a permanent account.

Name: A nominal account is the same as a permanent account.
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A nominal account is a temporary account that captures all revenues, expenses, losses, and gains, which are closed at the end of each accounting period. On the other hand, a permanent account is a ledger account that holds information that carries over from one accounting period to another, such as assets, liabilities, and equity accounts.

A Nominal Account Is the Same as a Permanent Account