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The ledger containing the accounts of debtors and creditors is

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Accounts - Principles of Accounts JAMB 2024

The ledger containing the accounts of debtors and creditors is

  • impersonal
  • personal checkmark
  • nominal
  • real

The correct answer is: B

Explanation

Personal accounts represent people or entities with whom a business has transactions. This includes debtors (who owe money to the business) and creditors (to whom the business owes money).

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