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Which of the following accounts can be classified as a real...

This question belongs to Commerce Accounting
Accounting
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Which of the following accounts can be classified as a real account?

Answer & Solution
Correct Answer: Option D
Cash account can be classified as a real account. A real account is an account that retains and rolls forward its ending balance from period to period. The areas in the balance sheet in which real accounts are found are assets, liabilities, and equity.
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