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Stock account is a type of

Stock account is a type of
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Nominal account
  • B Personal account
  • C Real account
  • D Fixed assets account
Correct Answer: Option C
Explanation:
Examples of Real Accounts. The real accounts are the balance sheet accounts which include the following: Asset accounts (cash, accounts receivable, buildings, etc.) Stockholders' equity accounts (common stock, retained earnings, etc.)

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