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Question
Which of the following is not an example of real A/c?
Which of the following is not an example of real A/c?
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Solution
The correct option is B Creditor
Supplier of goods are called as creditors. The creditors are recorded as current liability in to the business.Creditors are individual, firm or companies which are personal account and not the real account.
Supplier of goods are called as creditors. The creditors are recorded as current liability in to the business.
Creditors are individual, firm or companies which are personal account and not the real account.
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