Which of the following is a real account?
A)Cash
B)Fees Earned
C)Utilities Expense
D)Withdrawals

Name: Which of the following is a real account? A)Cash B)Fees Earned C)Utilities Expense D)Withdrawals
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Question

Quizplus · Accepted Answer

Cash is a real account because it represents a tangible asset that exists in the physical world. The other options (Fees Earned, Utilities Expense, and Withdrawals) are all nominal accounts that represent income, expenses, or withdrawals that have already occurred.

Which of the Following Is a Real Account