Identify the account that is classified as a Real Account from the options below:

Choose the correct answer

Explanation

Real Accounts pertain to assets or properties owned by the business. Among the options, Property Account represents a tangible asset, making it a Real Account. Wages and Cash Accounts are Nominal and Personal accounts respectively, while Reputation (Goodwill) is an Intangible asset but commonly treated separately.

Identify the account that is classified as a Real Ac… — Accounting Mcqs | PakQuizHub