Q374
Cash Account is
A.
Personal account
B.
Real account
AnswerC.
Nominal account
D.
None of the above
Answer: Option B
Solution
Answer: Option B
Solution:
Cash Account is Real account. 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 are found are assets, liabilities, and equity.