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Answer in one sentence only: What is Personal Account?

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Question

Answer in one sentence only:

What is Personal Account?

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Solution

Personal account represents a person and group of persons with whom business deals.

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Chapter 2: Meaning and Fundamentals of Double Entry Book-Keeping - EXERCISE [Page 38]

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Balbharati Book Keeping and Accountancy [English] Standard 11 Maharashtra State Board
Chapter 2 Meaning and Fundamentals of Double Entry Book-Keeping
EXERCISE | Q 1. 4) | Page 38

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