The Branch Account prepared under Final Account System is the nature of:
A)nominal account
B)real account
C)personal account
D)general account

Name: The Branch Account prepared under Final Account System is the nature of: A)nominal account B)real account C)personal account D)general account
Brand: Quizplus
Rating: 5.0 (44 reviews)

Question

Quizplus · Accepted Answer

The Branch Account prepared under Final Account System is a nominal account because it represents the profit or loss of the branch for a specific period of time.

The Branch Account Prepared Under Final Account System Is the Nature