state the rule of personal account.
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Nutrition: 1: The process of taking in food and using it for growth, metabolism, and repair. Nutritional stages are ingestion, digestion, absorption, transport, assimilation, and excretion. 2: A nourishing substance, such as nutritional solutions delivered to hospitalized patients via an IV or IG tube.
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The golden rule for personal accounts is: debit the receiver and credit the giver.
the receiver is an employee and the giver will be the business. Hence, in the journal entry, the Employee's Salary account will be debited and the Cash / Bank account will be credited
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