1. Categories >> Accounting >> Accounting AllOther
  2. Suggest New Category

In tally drawing accounts come under which account






Question Posted / usha

Answers were Sorted based on User's Feedback



In tally drawing accounts come under which account ..

Answer / mohammed wahed ali

Drawing accounts comes under capital accounts
entry should be

Drawing A/C.......Dr
Bank A/C .......cr

Is This Answer Correct ?    3 Yes 1 No

In tally drawing accounts come under which account ..

Answer / shashwat singh

Drawing means any asset , not only cash , withdraw from business by owner for his personal use ......

Drawing may be of different type .
Eg. 1. Drawing of office car for personal use .
2. Drawing of cash
3 . drawing of stocks
etc ...

Entries of above transaction :
1. Dr Drawing
Cr Car ( Fixed asset)

2. Dr Drawing
Cr Cash

3. Dr Drawing
Cr Stock ....

Is This Answer Correct ?    1 Yes 0 No

In tally drawing accounts come under which account ..

Answer / vipin

the entry will

drawings a/c dr

to cash or bank a/c

here value of the capital is decresing ,and bank a/c also decreasing

Is This Answer Correct ?    0 Yes 0 No

In tally drawing accounts come under which account ..

Answer / pranay kumar

capital A/C---- Dr.
to Drawing

or

Drawing A/c----Dr.
to Cash/ Bank A/C

You can passed the entry one of them of above entry both r right...

Is This Answer Correct ?    0 Yes 0 No

In tally drawing accounts come under which account ..

Answer / shant sharma

i want know of personal account group

Is This Answer Correct ?    0 Yes 0 No

In tally drawing accounts come under which account ..

Answer / gladiya

capital a/c dr
to drawings a/c

Is This Answer Correct ?    0 Yes 0 No

In tally drawing accounts come under which account ..

Answer / ravi parimi

drawing comes under the Capital a/c

Is This Answer Correct ?    0 Yes 0 No

In tally drawing accounts come under which account ..

Answer / m ashraf

When a business man withdraw cash, goods from business for personal use is called drawing.
Drawing a/c.........Dr
To cash a/c........cr

Is This Answer Correct ?    0 Yes 0 No

In tally drawing accounts come under which account ..

Answer / kailash chauhan

CAPITAL A/C DR.
CASH / BANK A/C CR.

Is This Answer Correct ?    0 Yes 0 No

In tally drawing accounts come under which account ..

Answer / rohit sondhiya

Drawings is a part of business capital so it will comes under the head capital a/c

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Accounting AllOther Interview Questions

When determining turnover, do you first deduct all sales returns to come to an answer or is turnover the total sales without deductions.

1 Answers  

What is TDS & why it is deducted?

8 Answers  

capital expenditure , revenue expenditure

6 Answers   RRDonnelley, Wipro,

difference between borrow and raise

1 Answers   State Bank of Hyderabad SBH,

What is BMP in IMS?

2 Answers  




What do you understand by the Term Capital Gains Used in the Income Tax Act ? What are the rules regarding exemption of Capital Gains ?

1 Answers  

How can entry made if loan transfer from reliance to tata finance

2 Answers   KMS,

How to reduce axis bank Emi ?

0 Answers   Axis,

DIFFERENCE BETWEEN THE DEPRICIATION AND IMPOSEMENT? DIFFERENCE BETWEEN THE CAPITAL LEASE AND FINANCE LEASE?

0 Answers   Capital IQ,

A company maintains a margin of safety of 25% on its current sales and earns a profit of Rs. 30 lakhs per annum. If the company has a profit volume (P/V) ratio of 40%, its current sales amount to A. Rs. 200 lakhs; B. Rs. 300 lakhs; C. Rs. 325 lakhs; D. None of the above.

1 Answers  

What is the treatment you give for the prepaid insurance created in the year end in the month of April

3 Answers   Tax Time,

This question mainly related to pay rolls in excel could i get the formulae for this an employee is working 8 hours in the company the excess of eight hours will be treated as o.t

2 Answers  

For more Accounting AllOther Interview Questions Click Here
Categories