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๐ŸŒŠTOPIC 03:CLASSIFICATION ACCOUNTING

 



TOPIC 03:CLASSIFICATION ACCOUNTING

Accounts can be classified into two main categories; a). Personal account.

b). Impersonal account.

1. PERSONAL ACCOUNT

Personal account is for the name of a person or organization. May contributes either assets or liabilities of the business. They are either sundry debtors or creditors.

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