Answer / hemant

Representative personal accounts: The accounts recording transactions relating to the expenses and incomes are classified as nominal accounts. But in certain cases due to the matching concept of accounting the amount, on a particular date, is payable to the individuals or recoverable from individuals.

Such amount (a) relates to the particular head of expenditure or income and (b) represents persons to whom itis payable or from whom it is recoverable. Such accounts are classified as representative personal accounts e.g. "Wages Outstanding Account", Pre-paid Insurance Account. etc.

Answer / dilawar ali

Representative personal
accounts are those a/c
which represents a
certain person or a
grnup..... Example:-
prepaid rent,outstanding
salary,prepaid
expenses, advanced
income etc.....

Answer / debdeep

All prepaid and outstanding expenses and all advance and accrued incomes/revenues treated under representative personal account.

ex:o/s salaries,prepaid salaries

ex:advance interest,accrued salaries.

Answer / tarang

A clubs account would be a personal account..???

Answer / kamal das

The account which work as indirectly towards a person or
working in absent of a person that account is called as
representative personal account.
Bank

Answer / diksha sharma

representative personal account are those account which
represents a certain indvidual of a socity or gram

example: outstanding salary,prepaid rent or salary
or expences etc........

Answer / bhumi

When an accountrepresents a particular person or group of persons ,it is termed as a representation personal account.
For example ,if the salaries for the month of December r not paid to employees,the amount payable to these employees will be added and put under one common title -salaries outstanding account.this account represents the accounts of all the persons to whom salaries have to be paid . Therefore it is termed as representative personal account.

Answer / k srinivasan

amount contributed by owner is called capital account. it represents owner. capital is treated as representative personal account. similarly owner drawings are treated as representative personal account

Answer / amir sohail

These are not in the name of any person or organisation but are represented as personal accounts.For example: outstanding liability account or prepaid account, capital account, drawings account.

Answer / mamatha

those accounts which represents a person or a group known as
representative accounts

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