0
Any entity which can be represented by name of an individual or entity is known as personal account in accounting parlance.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
What type of account is capital?
Personal account
What typically doesn't have an inventory account?
Like what type of business? An accounting firm wouldn't have an inventory account. A manufacturer would have an inventory. Think of it as if a company is selling a product as opposed to services they would generally have an inventory account.
What type of account is the sundry creditors?
sundry creditors is a personal account. the rule applying would be debit the reciever, credit the giver
What is the best type of personal accounting software?
"The best personal accounting software is Quicken. You may pay a little more for it, but the features and simplicity make it the best personal financial software available."
Sundry Creditor is a type of account?
personal a/c
How do you reactivate my office 365 by changing my account type of us business account to personal account?
1
Is suspense account a nominal account?
Not necessarily. It can be of any type. Real, Personal or Nominal.
What type of starting salary would I be looking at with no experience for payroll accounting?
The average salary of a payroll account is around 60000$. A starting salary would vary by your educational qualifications, but would be around 40000$.
What type of essay tells a story or personal account?
Narrative
Accounting Service?
form_title=Accounting Services form_header=Start taking account of your business and saving money with professional accounting services. What type of accounting services does your business need?= [] Tax Preperation [] Audit [] Bookkeeping [] Certified Public Accountant (CPA) [] Other What is your company's annual revenue? (Please enter amount)=_ Briefly describe what your company does:=""
Is liability is a real account?
It may be real account or personal account depending upon the type of liabilities. it can however never be a nominal account
Accounting treatment for refundable deposit?
I received rental refundable deposit back, how i treat in account and what type of head is it.......
