Is fixtures real or nominal or personal account?

1 answer

Answer

1135230

2026-09-06 22:55

+ Follow

Fixtures are considered real accounts. They represent tangible assets that are fixed to a property, such as lighting, Plumbing, and other installations that enhance the value of a building. Real accounts are used to track physical items and their value, distinguishing them from nominal accounts, which pertain to income and expenses, and personal accounts, which relate to individual entities or organizations.

ReportLike(0ShareFavorite

Copyright © 2026 eLLeNow.com All Rights Reserved.