The account which refers to the tangible assets of a company that is of permanent nature is the?

The account which refers to the tangible assets of a company that is of permanent nature is the real account. A real account is a type of account in accounting that deals with assets, liabilities, and owners' equity. It is also referred to as a permanent account because it is not closed at the end of a fiscal year. Real accounts are used to record the financial transactions of a business that affect its balance sheet, such as the acquisition and disposal of assets like land, buildings, and equipment. These assets are considered permanent because they are not consumed in the ordinary course of business but are held for long-term use in generating income for the company. Examples of real accounts include property, plant, and equipment (PP&E), intangible assets, and investments in securities.