Answer / meenakshirani

These accounts show the transaction with customers,
suppliers and the Bank and the Owners. A business may have
any credit transactions with the other firms.
Example: purchase goods from Rahul with cash
amount = 10000/-

Answer / krishna..

ledger accounts that records the transaction of individuals
in debtors and creditors

Answer / ammu

A personal account is an account for use by an individual
for their own needs. It is a relative term to differentiate
the said accounts from those accounts for corporate or
business use. The term "personal account" may be used
generically for financial accounts at banks and for service
accounts such as accounts with the phone company, or even
for e-mail accounts.

Answer / shriram joshi

In Finance view, Personal A/c is one of the golden rule in
accounting.

HOW MANY CHART OF ACCOUNT WE CAN DEFINE IN A COMPANY CODE. (SAP QUESTION)

3 Answers  

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What are the advantages of computer accounting over paper accounting?

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what is the difference between proforma invoice , commercial invoice and invoice

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ABC LTD PURCHASE GOODS FROM XYZ LTD OF Rs.400000/- BUT DURING THE TRANSPORTATION ALL GOODS ARE DESTROYED.ACCORDING TO AGREEMENT INSURENSE CO. PAID 75% OF DESTROYED GOODS TO SELLER. WHAT WILL BE JOURNAL IN BOTH PERSON ACCOUNT.

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how to caluclate tds from emloyees and others

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What is indent?

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what are the tricks in posting trial balance ?

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Why do you prepare a Trial Balance?

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why creditors a/c dr. to discount received a/c ?

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how to enter in tally ? its a running company but now start to accounts maintaining we rent paid in advance (valid 1/6/2015 to 31/05/2016

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Which account is responsible for interest payable?

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What are accounting rules called?

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