What is a Personal Account? Is Capital Accounr a Personal Account ? If – InterviewSolution

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1.	What is a Personal Account? Is Capital Accounr a Personal Account ? If yes, why?
Answer» Personal Accounts - These accounts are related to individuals, firms, companies, etc. A few examples of personal accounts include debtors, creditors, banks, outstanding/prepaid accounts, accounts of credit customers, accounts of goods suppliers, capital, drawings, etc.Yes, Capital Account is a personal account .

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