WAEC Accounting 2024 Objective — Question 23
Question 23 of 50 from the West African Examinations Council (WAEC) Accounting 2024 Objective paper, with the correct answer and a full explanation.
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An account in the real ledger is
- A. sales account
- B. insurance account
- C. discount received account
- D. machinery accountCorrect
Explanation
The real ledger holds accounts for tangible assets; machinery account is a real account because it relates to a physical asset.
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