Which of the following is considered as nominal account?
Rent is considered a nominal account. Nominal accounts are temporary accounts that are closed at the end of an accounting period. Rent is an expense, and expenses fall under nominal accounts. Copyright, Goodwill, and Trademark are examples of intangible assets and are considered real accounts.
In every 20minutes the time of a watch increases by 5 minutes. After setting the correct time at 5 am,What time will it show after 12 hours?
‘A’ and ‘B’ started moving towards each other at same time with a speed of 24 km/hr and 10 km/hr, respectively. If the di...
The speed of a train is 36 km/hr and it takes 10 seconds to cross a man. Find the time taken by train to cross a platform if the ratio of the length of ...
B starts 4 minutes after A from the same point, for a place at a distance of 7 miles from the starting point. A on reaching the destination turns back a...
If a person walks 25% more than of his usual speed, reaches his distance 90 minutes before. If the destination is 435 km away, then the usual speed of a...
Train P starts from Lucknow to Dehradun at 11:55 am with an average speed of 25 m/s. Train Q starts from Dehradunto Lucknowat 1:35 pm with an average sp...
Ajay and Vishal left the place ‘X’ with different speeds which are in the ratio 7:6 respectively. Ajay left the place 36 seconds after Vishal. If af...
Train P starts from Lucknow to Dehradun at 11:55 am with an average speed of 27.5 m/s. Train Q starts from Dehradunto Lucknowat 1:35 pm with an average ...
A is cycling at an average speed of 10 km/hr such that he can reach a certain point at 12 noon. If he cycles at 15 km/hr, then he will reach the destina...
‘A’ and ‘B’ started moving towards each other at same time with a speed of 12 km/hr and 6 km/hr, respectively. If the distance covered by ‘Aâ€...