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Answer / rajesh
A Real Account is that its consists of land,
Debit - what comes in
Credit - what goes out
|Is This Answer Correct ?||265 Yes||29 No|
Answer / nitya
Real account is a one of the classification of accounts.its
for recording cost of assets and properties in the books of
accounts.eg, land,plant,cash,inventories,investment etc..
when a real account comes into business its being debited
and credited when goes out..
|Is This Answer Correct ?||146 Yes||26 No|
Answer / mamta
THE GOLDEN PRINCIPLE OF REAL A/C IS
DEBIT - WHAT COMES IN &
CREDIT - WHAT GOSE OUT
REAL A/C IS DEVIDED INTO TWO A/C i.e.
TENGIBLE & INTENGIBLE A/C
TENGIBLE A/C IS - WHICH CAN BE TOUCH,FELT & MESURED i.e
cash, bldg,land etc.
INTENGIBLE A/C WHICH CAN NOT BE TOUCH, FELT & MESURED ONLY
WE CAN REALISE.i.e godwill
|Is This Answer Correct ?||110 Yes||14 No|
Answer / deepak thorat
There are 2 type of real a/c 1.Tangible & 2. Intangible.
In 1 type you can touch & feel that particullary i.e all
fixed assets. e.g.land & building, Machinery etc.
& 2 Type of real a/c means your status in market means Your
company's / firm's Goodwill.Its called intangible Assests
which was u can't see but use in your Bussiness. [I.C.A.I.-
Institute of Chartered Accountant of India]
Real A/c as the a/c other than personal & Nominal a/c
Rule:- Debit what comes in
Credit what goes out.
|Is This Answer Correct ?||53 Yes||8 No|
Answer / naga
Debit : What comes in AND
Credit : What goes out
|Is This Answer Correct ?||52 Yes||8 No|
Answer / shivesh
real a/c are those a/c which deals with fixed assets like
plant and machinary, building etc.
basic principle is----
debit- what comes in
credit- what goes out
|Is This Answer Correct ?||52 Yes||15 No|
Answer / vimmy
Debit: what come in and
Credit: what goes out
|Is This Answer Correct ?||42 Yes||13 No|
Answer / neha pahwani
all the a\c of asset & other things they come under the real
(like - Assets a\c- building a\c, patent a\c etc
other things a\c- cash a\c, stock a\c)
|Is This Answer Correct ?||32 Yes||10 No|
Answer / poonam pharande
Real Account are maintained for assets owned or possessed
by the business. Examples include building, Furniture, cash
Debit - What Comes in
credit - what Goes out
|Is This Answer Correct ?||34 Yes||12 No|
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