Maharashtra State BoardHSC Commerce 11th
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Answer in one sentence only: State the meaning of Real Account. - Book Keeping and Accountancy

One Line Answer

Answer in one sentence only:

State the meaning of Real Account.

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Solution

Accounts represent assets and properties owned by the business having monetary value are known as Real Account.

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APPEARS IN

Balbharati Book-keeping and Accountancy 11th Standard HSC Maharashtra State Board
Chapter 2 Meaning and Fundamentals of Double Entry Book-Keeping
Exercise Q.1 | Q 7 | Page 38
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