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Which of the following is a real account

This question belongs to Commerce Accounting
Accounting
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Which of the following is a real account?

Answer & Solution
Correct Answer: Option B
Cash account is a real account. Real accounts show up on a company's balance sheet, which is the financial statement that lists all the accounts that a company has and their balances.
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SEEMA PODDAR
SEEMA PODDAR 5 years ago
Option B - Cash account,
Reason- As cash is an asset for the business and the real accounts are related to the assets and liabilities of the business.
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