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WHAT IS PERSONAL ACCOUNT
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Answer / sridharan.v
All accounts which are related to persons are called
personal account. Eg:ramu's A/c, sridharan's A/cEtc...
Bank A/c is also a representative Personal A/c.
| Is This Answer Correct ? | 130 Yes | 18 No |
Answer / ramesh babu
Debit the Receiver, Credit the Giver that is personal
account.
| Is This Answer Correct ? | 113 Yes | 19 No |
Answer / fareen
personal:- this word has made from person, every account
which is attached with a person is personal account. like
bank account,ram's account,mohan's account
| Is This Answer Correct ? | 112 Yes | 36 No |
Answer / shaiju.s
"PERSONAL ACCOUNT IS AN ACCOUNT WITH DEBIT THE RECIVER &
CREDIT THE GIVER "
| Is This Answer Correct ? | 62 Yes | 10 No |
Answer / r.sumithra krishnan
An account which mentions a particular person and debit
the receiver and credit the giver. it also depicts the
creditors and debtors for personal account and it also
tells about concern.
| Is This Answer Correct ? | 49 Yes | 12 No |
Answer / babul kumar singh
debit the reciver and credit the giver
| Is This Answer Correct ? | 16 Yes | 2 No |
Answer / nick sio
A personal a/c is one which represents a person or an
organisation in accounting.
| Is This Answer Correct ? | 15 Yes | 1 No |
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expand B C T T
The following Trial Balance was extracted from the books of Chetan.Do you think that it is correct? If not,rewrite it in the correct form. Debits Rs Credits Rs ------------------------------------------------------------ Stock |8250 | Capital |10000 Purchases |12750 | Sales |15900 Returns outward |700 |Returns inwards |1590 Discount received|800 |Discount allowed |800 Wages & salaries |2500 |Scooty |1750 Rent and rates |1850 |Carriage charges |700 Sundry debtors |7600 |Sundry Creditors |7250 Bank Overdraft |2450 |Bills payable |690
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