Asset A/c is a ...............
(a) Personal a/c
(b) Real a/c
(c) Expense a/c
(d) Personal or Real a/c
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2 Answers Jammu and Kashmir Bank,
What is the type of principal for CLOSING STOCK. and why we show closing stock two time that is once in trading account and another time in assets. if closing stock is Real account than what about showing in trading account as we dont show real account type in trading account. thanks