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      Question

      Which of the following is a real account ?

      A Salary Account Correct Answer Incorrect Answer
      B Cash Account Correct Answer Incorrect Answer
      C Rent Account Correct Answer Incorrect Answer
      D Capital Account Correct Answer Incorrect Answer

      Solution

      Explanation: Accounts are classified as: β€’ Real Accounts – Related to assets (e.g., Cash Account, Machinery Account ). β€’ Nominal Accounts – Related to incomes & expenses (e.g., Salary, Rent Account ). β€’ Personal Accounts – Related to individuals or organizations (e.g., Capital Account ).

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