English, asked by mdfizzz313, 7 months ago

what is a real account​

Answers

Answered by harmeetkaur96
5

Answer:

A real account is a general ledger account that does not close at the end of the accounting year. In other words, the balances in the real accounts are carried over to become the beginning balances of the next accounting period. Real accounts are also referred to as permanent accounts.

Answered by karamjit79
5

Answer:

Please mark me as brainliest

Attachments:
Similar questions