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Purchase is a real account or nominal account?

Updated: 4/28/2022

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∙ 13y ago

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∙ 3y ago

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Naorem Ibotombi Sing... ∙

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∙ 4y ago

Purchase and Sales Accounts were previously Real Account, but for the time being it changes to Nominal Account as per the term and logic.

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Wiki User

∙ 13y ago

purchase account is rel account

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Q: Purchase is a real account or nominal account?

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Continue Learning about Accounting

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