Answer Posted / abhishek rastogi
Personal A/c are those a/c which deal with person(who will be natural Ex. Abhi, Manoj etc. or Artificial Ex. Bank).
The Debitor shows in P/L credit side and the creditor shows in P/L Debit side.
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
What is NEFT / RTGS?
Where are the UNICEF headquarters located?
What is the role of small and medium enterprises in uplifting the economy?
Is inflation good or bad for the economy?
Why is debt a cheaper source of finance?
if a person having bussiness of advertising total income is 2.lacs but the in that amount it also includes amount for the material(colour) that has pusrhased and labour charges so do we have to pay the income tax on the material amount and labour charges
What is the bank charge for 'overdraft protection' service?
Give ant two points on Bhartiya Mahila Bank?
What are the advances that the banks grant to their customers for their financial assistance?
mis & qis formats
Name the department that handles cyber crime in India?
What is 'overseas banking'?
How Is The Single Supervisory Mechanism Organised?
What are the pros and cons of cashless economy?
Explain current ratio. What does it indicate?