Accountancy, asked by chandtaxclinic, 9 months ago

capital is personal a/c
will it real or not

Answers

Answered by Anonymous
0

Yes! this is a real account

Real Account: is the one which shows the assets or liabilities of the organisation. Assets can be both tangible & intangible eg: Goodwill, trademark, capital etc

Capital here is a liability & not a personal account

Personal Account: is he one which records the names of the organisers.

BRAINLIEST plz

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