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<p><strong>a. Personal account </strong></p> <p><strong>b. Real account </strong></p> <p><strong>c. Nominal account </strong></p> <p><strong>d. Suspense account </strong></p>
Answer- B: Real Account
B is the correct answer
It's option B : real account
Patent right is classified as intangible asset and appear on balance sheet, that is why it is of nature of real account. The balances of real accounts are not cancelled out at the end of an accounting period but are carried over to the next period.
REAL ACCOUNT
Real accounts(its a asset)
b
