what comes under real account?
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Answer / gagan saini
The head Real Account stands for all accounts related to capital, Assets & Liabilities, cash and bank etc.
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The accounts which can be visible to us and touchable by us and recognize them all are comes under real account. for example. 1. CASH- we can see it, touch it and feel it. 2. Goods (purchases, sales, opening stock, closing stock, purchases returns and sales returns). 3. fixed assets like land & Building, Plant and machinery, furniture and fittings, motor vehicles etc.
apart from the above there are some intangible Real Asset. they are, goodwill, copy right, patent right, trade mark. All intangible goods are intangible asset to the company
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