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Real Account

What is a Real Account? Its Types, Advantages & Disadvantages (With FAQs)

October 13, 2022
by Atul Singla with No Comment Financial Instruments

A real account is an account that holds and carries forward balances at the end of the year. These amounts become the opening balance for the next period. The areas on the balance sheet where the actual accounts are found are Assets, Liabilities, and Equ ...

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Atul Singla

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