A. personal account
B. real account
C. nominal account
D. cash account
Correct Answer:
Option B – real account
Explanation
Real account is an account dealing with the material assets of a business, such as its property.
A. personal account
B. real account
C. nominal account
D. cash account
Correct Answer:
Option B – real account
Explanation
Real account is an account dealing with the material assets of a business, such as its property.
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