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At the end of the accounting year, nominal accounts, which include income, expenses, gains, and losses, are closed by transferring their balances to the profit and loss account. This process is essential to determine the net profit or loss for the accounting period. Once these balances are transferred, the nominal accounts are reset to zero and are not carried forward to the next accounting period.
Nitric oxide pollution can lead to all of the following, except
Tungsten is used for the construction of filament in an electric bulb because of its
Match the Column I with Column II and select the correct answer using the codes given below:
Column I (Molecule) A. Proteins B. Carbohydrates C....
A circular plate, a cube and a sphere, all made up of same material and having the same mass, are heated to 300°C and left in a room. Which of them wil...
Galvanisation is the process of depositing a layer of ________ on iron.
Which of the following is a characteristic property of acids ?
Which of the following endocrine glands is located in the thoracic region in man?
Which acid is described as HOOCCOOH?
Marbles come under which category of rockes?
Which part of the human eye is responsible for focusing light?