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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 .
What is the reason behind cell elongation in internodal regions of plants?
The inflorescence of fennel is which of the following?
Which of the following chemical is used for polyploidy breeding?
Which hormone plays a role in inducing tolerance to abiotic stresses such as salt and drought?
Which method of Vegetable gardening is called as Extensive gardening?
What is the minimum concentration of fruit pulp/ Juice in the ideal squash?
Which of the following system of training of grapes has highcost benefit ratio
Mughal garden is an example of which type of garden?
International Rubber Research and Development Board is situated at ____
Anthracnose in guava is caused by which pathogen?
