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WHAT IS PERSONAL ACCOUNT
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Answer / jyothirao
it contains persons accounts like debtors or creditors for
example:giri, bank and the rule of this account is debit
the receiver & credit the giver
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I am company prasnal software use to accounting all the
Question
write the answer.
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Answer / rajnish kumar
Personal account are the accounts of with whom the business is required to deal with
Eg--
suppliers
customers
lenders
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Answer / aziz
Debit the account of the person who receives something and credit the account of the person who gives something...
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Answer / alice
Personal accounts are those accounts which represent
persons, whether natural persons like ram; artificial
persons like sham and company a/c or representative persons
like capital a/c, outstanding expenses a/c etc. We can also
say that personal accounts represents PERSONS or
ORGANISATIONS.For e.g. bank i.e. organisation is also an
personal a/c. CONSISTS PERSONAL NATURE.THERE ARE DIFFERENT
TYPES OF PERSONAL ACCOUNTS
ie,SANAL,SAJU,SURESH.....ARE PERSONAL
LIKE BANK.FINANCIAL INSTITUTIONS.........
SIMPLE SENCE DEBIT THE RECIVER CRDIT THE GIVER ie PERSONAL
A/C
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Answer / seraj alam
If any person receiving or paying the money for the saling or purcahsing of goods and services in the business,those persons comes under the personal accounts.
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Answer / kamal
all those accounts that are related
to an individual, a company, a firm,
clubs, enterprises, etc are
categorized under personal
accounts..... As we can say Mohan's
a/c , tata motors' a/c , devils' club
a/c, n many more.....
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Answer / 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
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Answer / hamed
a personal accont is account which is personal and is not
used to tell anyone
example:your secret diary is personal
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