Which of the following are Real accounts?
(A) Bills payable
(B) Equipment
(C) Creditors
(D) Ravi a/c
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Answer:
bills payable I hope this helps you
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Equipment, bills payable and creditors are real accounts.because real accounts refers to the assets and liabilities account.
The golden rule for real account is debit what comes in and credit what goes out
The golden rule for real account is debit what comes in and credit what goes out
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