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Multiple Choice Question

A type of account relating to losses and incomes is:

  • A
    Personal
  • B
    Real
  • C
    Nominal
  • D
    Profit and loss
Explanation:
Nominal accounts in accounting are the temporary account such as the income statement accounts.
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This question belongs to the set "DSBM : MCQs Based Practice Test #1 | D. Pharmacy 2nd year". Click below to read detailed notes and attempt the full quiz.

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