Question

what are artificial personal accounts? give one example ​

Answer 1

Answer:

Artificial personal accounts: Personal accounts which are created artificially by law, such as corporate bodies and institutions, are called Artificial personal accounts. Representative personal accounts: Accounts which represent certain person or group directly or indirectly.

Explanation:

Debtors Account. Bank Account. Prepaid Expenses Account are the examples

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Answer 2

Answer:-

These accounts do not have physical existence as human beings but they work as perosonal accounts. For example, any Firms account.