Accounting and Finance for Lawyers

Nominal Account

Back to List of Outlines
Back to Accounting and Finance for Lawyers Outline

A nominal account is one that is neither a balance sheet account nor an income statement account. It is a separate administrative account.

Made by Matthew Miner
Privacy Policy
I am a lawyer, but I am not your lawyer. The content on this site is my understanding of the law and does not constitute legal advice.
I am a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for me to earn fees by linking to Amazon.com and affiliated sites.