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Practices of Banking
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Bad debts account is a ............. account.
A
Real
B
Personal
C
Nominal
D
Tangible
Answer:
C. Nominal
Related Questions:
Sales less cost of goods sold equal to :
Excess of credit over debit in the Income and Expenditure account is
Depreciation on Live stock is calculated under ............ method.
Income tax paid on behalf of the proprietor:
Current assets do not include :
