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 Cash  account is a :
  • a)
    Personal Account
  • b)
    Real account
  • c)
    Nominal account
  • d)
    None of these
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Cash account is a :a)Personal Accountb)Real accountc)Nominal accountd)...
Cash Account is Real account. 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.
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Cash account is a :a)Personal Accountb)Real accountc)Nominal accountd)...
Real account
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Cash account is a :a)Personal Accountb)Real accountc)Nominal accountd)None of theseCorrect answer is option 'B'. Can you explain this answer?
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