Question

real accounts deals with
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Answer 1

Answer:

A real account is an account that retains and rolls forward its ending balance at the end of the year. Real accounts also include contra asset, contra liability, and contra equity accounts, since these accounts retain their balances beyond the current fiscal year.

Answer 2

Answer:

Answer:A real account is an account that retains and rolls forward its ending balance at the end of the year. Real accounts also include contra asset, contra liability, and contra equity accounts, since theseaccounts retain their balances beyond the current fiscal year.