Ca cpt accounts

there is nothing such as debts a/c...we have a debtors a/c which represents the persons from whom we have the right to collect money...thus it is a personal a/c

There is nothing like Debts A/c anywhere. There are only Debtors A/c and Creditors A/c . Debtors have to pay the debts to the Creditor as they have taken from them. Let me explain you with an example. Suppose A lends some money to B say Rs. 5000. Now For A.. B is his Debtor and for B... A is his Creditor. A has his debts (money) with B. Now as B is a person and he is A's Debtor that's why it is treated as a personal a/c. there is difference between real and personal accounts. for any human or any artificial person it is treated as a personal a/c or representative personal a/c but not real a/c. hence there is nothing like debts a/c and as our debts are with our debtors and they are real human beings..that's why it is treated as a personal a/c