Question
Personal accounts are related
to:Solution
personal accounts refer to accounts that record transactions related to individuals or entities with whom a company has a business relationship. Personal accounts can be classified into three categories:
- Natural person accounts: These are accounts related to individuals, such as customers, suppliers, employees, owners, and creditors.
- Artificial person accounts: These are accounts related to entities that have a legal identity separate from their owners, such as corporations, partnerships, and limited liability companies.
- Representative person accounts: These are accounts related to individuals who represent other entities, such as agents, brokers, and trustees.
Which of the following reports released by NITI Aayog are aimed at promoting Competitive Federalism?
Pandit Nehru said “Planning is a continuous movement towards desired goals”. He made this statement in the introduction of which Five-Year Plan?
...The National Commission for Scheduled Castes presents its annual report to whom of the following?
Central government launch Swachh Vayu Sarvekshan as part of National Clean Air Programme (NCAP), It may help to reduce air pollution up to 40 per cent b...
In August 2021, the Ministry of Labour and Employment launched the _______ portal for creating a National Database of Unorganized Workers (UWs).
Moplahs, or Muslim peasants, created a powerful anti-zamindar movement in:
In which year did the Indian Parliament pass the Citizenship Act?
Where are more favorable conditions found in India for tidal and wave energy production ?
Which of the following statements about curative petition is/are correct?
1. It can be entertained by the Supreme Court of India only.
2. ...
Asad Ali Khan is associated with which among the following musical instruments?
Relevant for Exams:
