Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what is Real a/c

Answer Posted / m. maruthi

The account falling under this category which is visible to us and touchable by us and recognize them also. 

for example. Cash account. it is a real account because we can able to see the cash (visibility) and we can able to touch it (touch ability) and we can able to feel it (recognize). it follows all the 3 rules of the real account. so Cash account is a real account.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

in insolvency we have to prepare deficiency account but why we do not prepare this account as per general principle i.e Dr Cr To By etc , and deficiency account is which account?

5124


When you prepare Profit and loss A/C either you will get profit or loss but not both.Then why we are saying it as profit AND loss A/C,why cannot we say it is as Profit OR loss account?

1986


What is the difference between personal account real account and nominal account?

1317


Tell me what a deferred asset is and give an example?

1231


What was your most complicated sales cycle in past positions?

1353


Capital secure should be shown in which side of the balance sheet?

2427


we have a bill for billing software modification, i want to know that which head post this entry in tally & also tds applicable or not.

2174


What are the advantages of double entry system?

1166


Accounting transactions are recorded in accordance with thier legal form or substance. Briefly explain the legal form and substance of the accounting transactions and give one relevant example.

2298


Explain the concept of responsibility accounting

1069


what is account reconcillation

2194


Can anybody tell me diference between provisions of Profit and Loss account prepared as per company act & Income Tax Act?

1942


hai everone,can anyone send me the accounting ,finance,general interview questions for mba freshers plz.....urjent

2768


Tell me about an invoice discrepancy you discovered and how you resolved it

1128


Mohan sold goods on 1st sep 2009 for the rs 200000/- to sohan immediatly accepted a 3 month bill.on the due date sohan request for the renewal of the bill for further peirod of two month .mohan agree to pay interest @9% per annum to be inculuded in the new bill . determine the amount of new bill?

3411