Answers were Sorted based on User's Feedback
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/-
|Is This Answer Correct ?||12 Yes||0 No|
Answer / krishna..
ledger accounts that records the transaction of individuals
in debtors and creditors
|Is This Answer Correct ?||4 Yes||0 No|
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.
|Is This Answer Correct ?||2 Yes||0 No|
Answer / shriram joshi
In Finance view, Personal A/c is one of the golden rule in
|Is This Answer Correct ?||0 Yes||0 No|
1. If Ram Received Cash Rs. 900/- & Deducted Rs.100/- as EPF. 2. Cheque diposited into bank Rs. 200/- against EPF of ram. How many ledger should create under which & what will be the entry ?
IF WE PURCHASE TV FOR PERSONEL THEN WE DIDNT RAISE PURCHASE ORDER WHY ?
we have paid diwali bonus by chq.. pls let me know how to enter the same in tally and in under which head..Explain pls
Explain me what makes a successful account manager?
Explain how you can adjust entries into account?
Explain the types of ledger?
what is contigent liability
Explain me fair value accounting?
Explain things that fall under intangible asset?
which chart of depreciation copy for our Indian companies in sap(fi-aa)? please give answer. Thanking you, mohan
what is the meaning of 4X and 10X value in intraday market?
what is BRS and how it is prepared in BPO sector?? Please answer fast.....