Identify the Personal Account from the following

Related MCQs

• Which of the following is artificial personal account?
• Which one of the following is an example of Personal Account?
• An entry of 1,560 has been debited to a Debtor’s Personal Account at 1,650. It is an error of
• Select correct journal entry to rectify an error “An amount of 10,000, withdrawn by owner for personal use debited to Trade Expenses Account”. Debit Credit
• There are 100 members each p aying an annual subscription of 500. The Receipt and Payment account shows arrear subscription of 4,500, advance subscriptions 6,000 and current 44,500. How much amount to be credited in the Income and Expenditure account?
• Income and Expenditure account shows subscription at 2,50,000. Subscriptions accrued in the beginning of the year and at the end of the year were 25,000 and 37,500 respectively. The amount of subscriptions received appearing in re ceipts and payments account will be
• Goods taken from business for personal use by the proprietor should be credited to
• Payment of personal expenses of the owners of business need to be recorded as:
• Which of the following item is shown in the Receipt and Payment account?
• Which of the following account(s) is (are) maintained in the joint venture when separate set of books are maintained?