Which of the following is not a real account?

By: |Published on: Mar 19|Categories: Accounting WAEC| 0 comments

A. Plant account
B. Salaries account
C. Creditors account
D. Trading account

Correct Answer: Option B

B. Salaries account

Explanation

Examples of real accounts are:

  • Cash.
  • Accounts receivable.
  • Fixed assets.
  • Accounts payable.
  • Retained earnings.

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