Answer Posted / suubhashh
Personal account means it is related to personal &
impersonal it is operation both accounts
personal means person related accounts
example like mohan ,usha , madhu.etc
impersonal account means it is related to company
example like bank, supplier,customer, capital
Rules of the personal accounts
Debit the receiver
credit the giver
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What is Mean By FRS for HQ reporting, How To Prepare?
My BASIC Salary is 18,000
sir, i am working recruitment con.pvt ltd inthat one person salary will pay per month Rs.28000/- so i want to enter in our books only one salary payment or basic pay and spl.aa and others like this break up entrys we will pass please suggest
For how long should prepayments be carried in the books as fictitious asset and when is it ideal for a new coy to pay tax
Expand----------SAMC
what is non stock?
give the examples of Error of Duplication?and Error of compensatin? with entries
Which document should be attached with purchse & sales invoice?
define drawer or maker
how i got knowledge about custom and excise i want rate list of custome and excise how we summit return of custom and excise , Is it include with ser. tax
who is the pramotar?
how to entery pass in tally when items damage(items insured)and claim to insurance co.
Feature of Master letter of credit of Garments manufacturing company?
What is the difference between Risk, Threat & Hazard?
Expand-------NABT