Which of the following accounts can be classified as a real account?

Rent expenses account
Rent income account
Insurance expenses account
Cash account

LohaHridoy

5 views

2025-01-04 04:42

1 Answers

AhmedNazir

Answer: Option 4

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.

5 views Answered 2022-09-01 13:21

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