Which of the following is not a Real Account?
A)cash a/c
B)investments a/c
C)outstanding rent a/c
D)purchases a/c

Name: Which of the following is not a Real Account? A)cash a/c B)investments a/c C)outstanding rent a/c D)purchases a/c
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Question

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Outstanding rent a/c is a Nominal Account because it represents an expense and not a tangible asset or a right to receive money or goods, unlike cash, investments, and purchases accounts which are Real Accounts.

Which of the Following Is Not a Real Account