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what is real account

Answer Posted / devender

Real account also further divide two a/c. tangible and non-
tangible a/c and we say tangible a/c only we can touch,
saw, meaured to it, like building, cash, stock, furniture
etc. & intangible a/c only goodwill, trademark, patents,
copyright etc.
main things both(tangile and intangile) is fixed assents
for business. Real a/c rule is debit what cames in and
credit what goes out.
for instance
----------if cash is real a/c. ---------------------

Cash comes to business than debit and cash goes out from
business than credit.

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