Whether Bank account is Real account or it is Personal Account?
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Nature of bank account as per accounting types
Replies (8)
| Originally posted by : Pavan R | ||
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Whether Bank account is Real account or it is Personal Account? |
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bank is the personal account as it represent a particular person / a company / firm
yes, personal acount
BANK A/C IS A PERSONAL A/C
bank account is a real account in case of depositing & withdrawing of money from bank
and in case of loan taken from bank then bank is a personal account.
Bank account is an artificial personal account
yes, its personal account.
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Someone help me out, Whether the balances with Wallets like paytm,freecharge..etc can be treated as par with balance with bank?
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