what comes under real account?
- 3 Answers
- 10415 Views
- CS Engineering, SK Accountant, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / gagan saini
The head Real Account stands for all accounts related to capital, Assets & Liabilities, cash and bank etc.
| Is This Answer Correct ? | 14 Yes | 0 No |
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
| Is This Answer Correct ? | 1 Yes | 0 No |
What is batch input? why we use batch input session in SAP(FICO)?
Asset A/c is a ............... (a) Personal a/c (b) Real a/c (c) Expense a/c (d) Personal or Real a/c
define contra entry?
if goods purchased from x company for rs1000 in credit,out of that 10% given discount for us what is the entry in tally?
WHAT ABOUT YOUR SELF IN ACCOUNTING SYSTEM
what is the meaning of deferred revenue ? give me some examples
Define depreciation and its types?
What is the difference between depreciation and amortization?
Explain the process of withhold tax invoice
when the ABC's personal bank to to his business bank money transferred(paid) then how to pass the entry.
What is project implementation?
If I need Finance from the Bank I need to give the CMA Format date, Can somebody help giving me this format ??
Audit 
