Accountancy, asked by mehboob214, 11 months ago

investment is real or personal A/C??​

Answers

Answered by guest27
1

Answer:

it is real account

Explanation:

As investment is a asset and it doesn't become zero at the end of the financial year. As we now in real account debit what comes in credit what goes out here 'debit what comes in' means return in investment but in personal account "debit the receiver" it means the creditor or the money lender is the receiver of cash here where as in real account (investment) we are the receiver. personal account contains the account of creditors and real account contains the accounts of all assets

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