Question

Real Account includes ____________________.

• A. Stock and debentures
• B. Inventories or accounts receivable
• C. Long-term and medium term debt
• D. Machines, buildings, tools etc

Answer 1

The correct option is D Machines, buildings, tools etc

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 found are assets, liabilities, and equity.