Which of the Following Accounts Is a Real Account

question 71

Multiple Choice

Which of the following accounts is a real account?

• A) Wages Expense
• B) Machinery
• C) Service Revenue
• D) Depreciation Expense-Machinery

Understand the fundamental principles of accounting and the purpose of key financial statements.

Identify the components of the accounting equation, including assets, liabilities, and owner’s equity.

Recognize the structure and purpose of a trial balance, balance sheet, and chart of accounts.

Distinguish between different types of transactions and their impact on the accounting equation.

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