The account that records expenses, gains and losses is Options: A . &nbspPersonal account B . &nbspReal account C . &nbspNominal account D . &nbspNone of the above

The account that records expenses, gains and losses is

Question

The account that records expenses, gains and losses is

Options:

A . Personal account

B . Real account

C . Nominal account

D . None of the above

Answer: Option C

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Question 8. The measure of how efficiently the assets resources are employed by the firm is called....

Question 9. The following is (are) the current liability (ies)....

Question 10. Current ratio =....

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