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Ledger accounts that contain transactions related to individuals or other organizations with whom your business has direct transactions are known as personal accounts. Some examples of personal accounts are customers, vendors, salary accounts of employees, drawings and capital accounts of owners, etc. Capital account is a personal account because it records transactions between the owner of the business and the business itself. The owner invests money in the business, which is recorded in the capital account. Any withdrawals made by the owner from the business are also recorded in the capital account. The golden rule of accounting for personal accounts is: debit the receiver and credit the giver .
Lichens are indicators of
Alteration of amino acids in sequence without altering protein function is called as
Which of the following is a biennial crop?
Fluff is the seed produced in:
Embryo of seeds, secrete_________ enzyme to induce the germination process
Which sector of Horticulture includes growing decorative lawns and sports surfaces for football, cricket, golf etc.?
Poisonous alkaloid in castor seed is
Conservation hybrid is achieved by which of the following ?
The Indian Agricultural Research Institute (IARI) recently introduced a new high-yielding wheat seed variety which is resistant to yellow, and leaf rust...
Which parasite attaches mainly to the gills of sea bass and causes hyperplasia and necrosis?