Question

Explain rules of .
real account.​

Answer 1

Answer:

Here is your answer

Explanation:

• Debit the receiver and credit the giver.
• Debit what comes in and credit what goes out.
• Debit expenses and losses, credit income and gains.

Answer 2

Answer:

the real account is a account that retain and rolls forward its ending balance at the end of year

Explanation:

rules of account

1. debit the receiver and credit to giver

2. debit wht come in and credit wht goes out

3. debit expenses and losses credit income and

gains

A real account is general ledger account relating to Assets and liabilities other than people account