What is personal Account?

Answer Posted / shoukath

the accounts relating to persons or firms called personal
accounts

Is This Answer Correct ?    6 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Two months rent of Rs 25000/- was adjusted in Rental advance account at the time vacating office

1491


what are Blue-Chip companies?

1664


what is the reason for balance sheet not getting tallyed

1716


HOW I CAN PREPARE A BALANCE SHEET OF A COMPANY ?

1515


How i pass the share holders capital entry in Tally? How to set this option in Tally?

3472






what is Calculation of Gross Profit Or Gross Loss?

1750


What is payment/receipt/period accruals?

1273


how to make a project accounting in tally erp9 ?

6276


WHEN IN ADJUST. GIVEN THAT THERE IS VALUE OF RS...., OBSOLESCENCE STOCK INCLUDED IN CLOSING STOCK RS.......,WHAT IS THE PROPER WAY TO SHOW IN INCOME STATEMENT AND POSITION STATEMENT.

1703


HOW MANY ACCOUNTING STANDARDS ARE PREVAILING IN INDIA AS DECLARED BY ICAI

1691


Pls Give me Solution for me. Bcz i m persuing b.a iii But now i m working in accounts . So what i do In future .

1740


Dear All, Could any body send me the format of Delivery Challan? What is Even Transfer and Branch Transfer?Please let me know if any body knows? ekathirvel@gmail.com

1972


recently release the 6.0 version not succede in the market why?

1523


In OD Account How Many Interest Paid or Not? and second CC Account How Many Interest Paid or Not?

1621


What are the legal entities that constitute your business? Does a legal entity have a seperate Federal Tax Id? In which country does a legal entity operate? In which currency does a legal entity operate? When does each legal entity's fiscal year begin?

1626