all assets are real accounts but all real accounts are not assets. explain with examples.
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according to real account debti all assets credit all liailites
in same all assets comes under real account but alll real account does not consider assets
in same all assets comes under real account but alll real account does not consider assets
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real account is related to the tangible & intangible real assest
ex: tangible furniture a/c intagible goodwill a/c
assest account is related to the tangible or intagible real accounts
ex: tangible land a/c building a/c cash a/c intangible good will a/c
ex: tangible furniture a/c intagible goodwill a/c
assest account is related to the tangible or intagible real accounts
ex: tangible land a/c building a/c cash a/c intangible good will a/c
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