Accountancy, asked by debeshagrawalla, 4 months ago

what is Representative personal account and give some examples​

Answers

Answered by Anonymous
2

Answer:

For example, Bank of Baroda, Oriental Insurance Co, Representative Personal Accounts: These accounts represent the accounts of natural or artificial persons. When the expenses become outstanding or pre-paid and incomes become accrued or unearned, they fall under this category.

Explanation:

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Answered by abhinavmaiti01
1

Answer:

example, Bank of Baroda, Oriental Insurance Co, Representative Personal Accounts: These accounts represent the accounts of natural or artificial persons. When the expenses become outstanding or pre-paid and incomes become accrued or unearned, they fall under this category.

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