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Question on: WAEC Accounting - 2015

Which of the following is not a real account?

A
Plant account
B
Salaries account
C
Creditors account
D
Trading account
Ask EduPadi AI for a detailed answer
Correct Option: B

Examples of real accounts are:

  • Cash.
  • Accounts receivable.
  • Fixed assets.
  • Accounts payable.
  • Retained earnings.

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