real account means
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Answer / shahid kamran
Real Account?
real a/c is releted with assets and capital expenditure.
exp.. machinery a/c, building a/c, furniture a/c, cash a/c.
the rule of journal entery of real a/c---
what come in Dr.
what goes out Cr.
Furnitur Purchased 20000Rs
furnitur a/c........Dr
to Cash a/c
| Is This Answer Correct ? | 8 Yes | 0 No |
Answer / venkatesh.t
real a/c
real a/c
it deal with assets (furniture,etc,,,)
| Is This Answer Correct ? | 9 Yes | 3 No |
Answer / ravi ahuja
Asset, liability, reserve, and capital accounts that appear
on a balance sheet. The balances of real accounts are not
cancelled out at the end of an accounting period but are
carried over to the next period. Also called permanent
accounts.
| Is This Answer Correct ? | 5 Yes | 2 No |
Answer / sudheesh k krishnan
REAL ACCOUNTS MEANS ACCOUNST REALTED EITH ASSETS AND
PROERTIES .
RULES FOR REAL ACCOUNTS
DEBIT WAHT COMES IN
CREDIT WAHT GOSE OUT
EXP : FURINTURE,PALNT ,ETX
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / srinivas rao
real a/c means it deal with the assets and cash
debt the reciver and credit the giver
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / muniraj
Real account is account which states all expenditure like
Salary, Wages, Rent & Electricity bills etc.
The accounting treatment is
Debit all Expenditure & loss
Credit all incomes and gains.
| Is This Answer Correct ? | 2 Yes | 15 No |
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