Correct Answer: Option A

Explanation

A real account relates to assets and liabilities (except personal accounts) and is carried forward each year. Examples include Building account and Motor Vehicle account. In contrast, a nominal account records income, expenses, losses, or gains, like the Patent account.

• what does productivity of grass means and what are they? Answer this

  1 Answers   ·   Agricultural Science   ·   12 hours ago
• what are the recommend text in Economics? Answer this

  1 Answers   ·   Economics   ·   7 hours ago
• a compund microscope by lens of focal length 1cm and 5cm.an object placed 1.2cm from the objective lens if a... Answer this

  1 Answers   ·   Physics   ·   1 day ago