Question: A difference between real accounts and nominal accounts is that A . Real accounts are listed in the income statement; nominal accounts are listed in

A difference between real accounts and nominal accounts is that
A.
Real accounts are listed in the income statement; nominal accounts are listed in the balance sheet.
B.
Nominal accounts are used for intangible assets; real accounts are used for tangible assets.
C.
Real accounts may carry forward a nonzero balance from one accounting period to the next.
D.
Reversing entries affect only real accounts.

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