Pesonal Account Examples
This query is : Resolved
C.M.JAYSINGH
(Querist)
13 August 2023
Could you give me the Personal Account Examples?
CA R SEETHARAMAN
(Expert)
14 August 2023
Some examples of personal accounts are customers, vendors, salary accounts of employees, drawings and capital accounts of owners, etc. The golden rule for personal accounts is: debit the receiver and credit the giver. In this example, the receiver is an employee and the giver will be the business.
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