Respuesta :
Answer:
The correct answer is B
Explanation:
Balance sheet accounts are those accounts which used in order to sort as well as store the transaction comprising of the owner's or stockholders' equity. liabilities as well as the assets of the company.
The balances in these accounts are reported on the end of the period balance sheet of the company.
These accounts are referred to as the real or the permanent account as at the end of the accounting year or the period, the balances in these accounts are not closed.
Answer:
b. are called real accounts.
Explanation:
Balance sheet accounts are called real accounts.
There are two type of accounts:
- Nominal account: It is an account which close at the end of every accounting or financial year. It always open as fresh account every year as nothing is carried forward in the next financial year, that´s why it is also known as Temporary account. Example: Income and expenditure account.
- Real account: It is an account which does not get closed at the end of every accounting or financial year. It always open with previous year´s balance amount as it get carried forward in the next financial year, that´s why it is also know as Permanent account. Example: Balance sheet account.
Balance sheet account has a record of assets, liability and stockholder´s equity, which does not closed every accounting year and it´s balance get carried forward to next financial year.
