Which of the following accounts can be classified as a real account?a)Rent expenses accountb)Rent income accountc)insurance expenses accountd)AssetaccountsCorrect answer is option 'D'. Can you explain this answer?

Question

Answer

A real account is an account that retains and rolls forward its ending balance from period to period. The areas in the balance sheet in which real accounts are found are assets, liabilities, and equity. Examples of real accounts is assets

Answer

Real Account in Accounting

Real accounts are accounts that are related to assets and liabilities. These accounts represent tangible and intangible properties that a company owns or owes. They are permanent accounts that are not closed at the end of an accounting period. Real accounts are used in the preparation of the balance sheet and are essential for determining the financial health of a company.

Examples of Real Accounts

D) Asset accounts can be classified as real accounts. Some examples of asset accounts that can be classified as real accounts are:

• Cash account
• Accounts receivable account
• Inventory account
• Property, plant, and equipment account
• Investments account
• Prepaid expenses account

Real accounts are not affected by the accounting period. The balance of these accounts is carried forward to the next accounting period. The balance of asset accounts is shown on the left-hand side of the balance sheet.

Conclusion

In conclusion, only option D, Asset accounts, can be classified as a real account. Real accounts are permanent accounts that represent tangible and intangible properties that a company owns or owes. These accounts are essential in determining the financial health of a company and are not affected by the accounting period.

Answer

Real accounts means asset acc it's rule is Dr what comes in cr what goes out

Answer

Because it is assets ac

Answer

Above 3 option are not classified in real account because these are expenses and expense account comes under Nominal account.
And option (d) is correct because assets' value can be measured in terms of money this is because Real Account include things which have monetary value.

Answer

Asset accounts are referred to as permanent or real accounts since they are not closed at the end of the accounting year. Instead, each asset account's balance at the end of the accounting year is carried forward to become the beginning balance of the next accounting year.

Answer

Hai
friends

Answer

The correct answer is asset accounts .
this is bcoz a real account is a type of account in which the goods can be seen and touch and as we know that we can see and touch the asset account .

Answer

All assets are real account.

Answer

In real accounts every thing is included which is owned by the business (assets of the business) and the capital of the business.

Answer

Real ACCOUNT  is an asset  account  because  assets  are  sale  and purchases the money  received  from  this debited

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Yaaa because assets are in real form we can see and touch me them so they are real in nature

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Rent expenses, incomes or insurance expenses these items  are our expenses(losses) or incomes(profit) and according to Accounting rules all the expenses or losses and incomes or profits are come under Nominal Account  and real account is concerned with cash and assets are measured in monetary value so the assets A/c is correct option.

Answer

Asset A/c

Answer

A real account is an account that retains and rolls forward its ending balance from period to period. The areas in the balance sheet in which real accounts are found are assets, liabilities, and equity.

The real accounts are the balance sheet accounts which include the following: Asset accounts (cash, accounts receivable, buildings, etc.) Liability accounts (notes payable, accounts payable, wages payable, etc.) Stockholders' equity accounts (common stock, retained earnings, etc.)

Answer

D is right answer because those expanse which are related to asset is called real account

Answer

Asset account

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Ok buddy...the answer is option D because real account are the account which are not to be closed at the end of the accounting year and you might be know that assets are real because they gives us benifits more than a year.. remember if anything related to asset or liability comes then it should be real account and anything related to income and expenditure will be taken as nominal account...but partners capital account is a parsonal account..

THANKS

Answer

Besides, must have a ownership right

Answer

A real account is an account that retains and rolls forward its ending balance from period to period. The areas in the balance sheet in which real accounts are found are assets, liabilities, and equity.

The real accounts are the balance sheet accounts which include the following: Asset accounts (cash, accounts receivable, buildings, etc.) Liability accounts (notes payable, accounts payable, wages payable, etc.) Stockholders' equity accounts (common stock, retained earnings, etc.)

Answer

Aseest accounts

Answer

Assets account is the right ans.

Answer

Asset accounts

Answer

A real account is an account that retains and rolls forward its ending balance from period to period. The areas in the balance sheet in which real accounts are found are assets, liabilities, and equity.

The real accounts are the balance sheet accounts which include the following: Asset accounts (cash, accounts receivable, buildings, etc.) Liability accounts (notes payable, accounts payable, wages payable, etc.) Stockholders' equity accounts (common stock, retained earnings, etc.)

Answer

A real account is an account that retains and rolls forward its ending balance from period to period. The areas in the balance sheet in which real accounts are found are assets, liabilities, and equity.

The real accounts are the balance sheet accounts which include the following: Asset accounts (cash, accounts receivable, buildings, etc.) Liability accounts (notes payable, accounts payable, wages payable, etc.) Stockholders' equity accounts (common stock, retained earnings, etc.)

Answer

So dear...Every Business has some assets and every asset has an account. Thus, asset account is called a real account. There are two type of assets assets are touchable assets such as plant, machinery, furniture, stock, cash, etc

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Correct option is  D because assets are tangible in nature i.e. they can be touch and seen

Answer

A real account is an account that retains and rolls forward its ending balance from period to period. The areas in the balance sheet in which real accounts are found are assets, liabilities, and equity.

The real accounts are the balance sheet accounts which include the following: Asset accounts (cash, accounts receivable, buildings, etc.) Liability accounts (notes payable, accounts payable, wages payable, etc.) Stockholders' equity accounts (common stock, retained earnings, etc.)

Answer

A real account is an account that retains and rolls forward its ending balance from period to period. The areas in the balance sheet in which real accounts are found are assets, liabilities, and equity.

The real accounts are the balance sheet accounts which include the following: Asset accounts (cash, accounts receivable, buildings, etc.) Liability accounts (notes payable, accounts payable, wages payable, etc.) Stockholders' equity accounts (common stock, retained earnings, etc.)

Answer

Assets account

Answer

Beacuese Asset is the real Ac

Answer

D

Answer

A real account is an account that retains and rolls forward its ending balance from period to period. The areas in the balance sheet in which real accounts are found are assets, liabilities, and equity.

The real accounts are the balance sheet accounts which include the following: Asset accounts (cash, accounts receivable, buildings, etc.) Liability accounts (notes payable, accounts payable, wages payable, etc.) Stockholders' equity accounts (common stock, retained earnings, etc.)

Answer

A real account is an account that retains and rolls forward its ending balance from period to period. The areas in the balance sheet in which real accounts are found are assets, liabilities, and equity.

The real accounts are the balance sheet accounts which include the following: Asset accounts (cash, accounts receivable, buildings, etc.) Liability accounts (notes payable, accounts payable, wages payable, etc.) Stockholders' equity accounts (common stock, retained earnings, etc.)

Answer

A real account is an account that retains and rolls forward its ending balance from period to period. The areas in the balance sheet in which real accounts are found are assets, liabilities, and equity.

The real accounts are the balance sheet accounts which include the following: Asset accounts (cash, accounts receivable, buildings, etc.) Liability accounts (notes payable, accounts payable, wages payable, etc.) Stockholders' equity accounts (common stock, retained earnings, etc.)

Answer

A real account is an account that retains and rolls forward its ending balance from period to period. The areas in the balance sheet in which real accounts are found are assets, liabilities, and equity.

The real accounts are the balance sheet accounts which include the following: Asset accounts (cash, accounts receivable, buildings, etc.) Liability accounts (notes payable, accounts payable, wages payable, etc.) Stockholders' equity accounts (common stock, retained earnings, etc.)

Answer

A real account is an account that retains and rolls forward its ending balance from period to period. The areas in the balance sheet in which real accounts are found are assets, liabilities, and equity.

The real accounts are the balance sheet accounts which include the following: Asset accounts (cash, accounts receivable, buildings, etc.) Liability accounts (notes payable, accounts payable, wages payable, etc.) Stockholders' equity accounts (common stock, retained earnings, etc.)

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