velaganaveen


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< Country > india
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Question { Infosys, 10230 }

real account means


Answer

Real a/c means : where all assets,cash,bank are recorded
debit what comes in
credit what goes out

eg: furniture purchased

furniture a/c dr xxx
to cash a/c xxx

so here furniture is comming debited and cash going out credited

Is This Answer Correct ?    13 Yes 1 No