WHAT IS PERSONAL ACCOUNT
- 39 Answers
- 47321 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / sanjay
The A/c Which represent person or organization is known as
Personal Account
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / jaina valani
Golden rule of personal account is DEBIT THE RECEIVER AND CREDIT THE GIVER. There are three types of personal account:-
1. Natural account- created by god
2. Artificial account- created by law
3. Representative personal account- incomplete transactions
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / deepakverma
what Nominal account.
what is real account.
Rules of Nomial account.
Rules of Real account.
Rules of personal account.
| Is This Answer Correct ? | 0 Yes | 5 No |
debit what comes in, credit what goes out
| Is This Answer Correct ? | 8 Yes | 20 No |
Answer / satyaki_raju@yahoo.com
suganthi madam take a minute to understand the question
The question related to personal account,where as you
simply without taking pains favoured the rule related to
Real account
| Is This Answer Correct ? | 15 Yes | 33 No |
Answer / hannah
A personal account is basically an account recording
entries regarding its creditors or debtors.
A debtors and creditors accounys arre examples of personal
accounts.
| Is This Answer Correct ? | 29 Yes | 50 No |
what are the difference between banking institutions and financial institutions?
Expand ________GFD
What is Opening & Closing Entry
i want the steps involved in the customization for the process order. my situations is if i take the process order for x qty then stores people can issue only x qty not less or not more. how to do this. pls help me
what is accumulaated depreciation ? and wht is effect of it in profit and loss a/c and balance sheet ??
How to calculate turnover of a company?
if the balance of the supplies account on January 1 was $500, supplies purchased during the year were $1750, and the supplies on hand at December 31 were $300, the amount for the appropriate adjusting entry at December 31 is?
What are the reason for negative operating cycle?
what do u mean the word accounting.
What is the working formula for Working Capital
Three steps for correction in BRS?
Expand ------AQIM
Audit 
