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Realaccount
Barron's Business Dictionary:
Realaccount
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Balance sheet account that is carried forward into the next year. It is a proprietary account.
See also
nominal account
.
Previous:
Real-Time Processing
,
Real Value of Money
,
Real Rate of Return
Next:
Realestate Owned (REO)
,
Realincome
,
Realized Gain
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Barron's Accounting Dictionary:
Realaccount
Top
Home
>
Library
>
Business & Finance
>
Accounting Dictionary
Balance sheet account that is carried forward into the next year. It is a proprietary account.
See also
nominal account
.
Previous:
Real-Time System
,
Real Property
,
Real Estate Investment Trust (REIT)
Next:
Realization
,
Realized Gain, Loss
,
Reasonableness Test
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Barron's Business Dictionary
Dictionary of Business Terms
. Copyright © 2007 by
Barron's Educational Series, Inc
. All rights reserved.
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Cite
Barron's Accounting Dictionary
Dictionary of Accounting Terms
. Copyright © 2010 by
Barron's Educational Series, Inc
. All rights reserved.
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