Question

Which one of the following is representative personal account?

A Building A/c

B

Outstanding salary A/c

C Mahesh A/c

D

Balan & Co
​

Answer 1

Answer:

B. Outstanding Salary A/c

Explanation:

Outstanding Salary A/c is a Representative Personal Account as it represents a group of people to whom some amount of salary is payable. Similarly other outstanding and prepaid expenses also fall under the category of representative personal accounts.