ALLInterview.com :: Home Page            
 Advertise your Business Here     
Browse  |   Placement Papers  |   Company  |   Code Snippets  |   Certifications  |   Visa Questions
Post Question  |   Post Answer  |   My Panel  |   Search  |   Articles  |   Topics  |   ERRORS new
   Refer this Site  Refer This Site to Your Friends  Site Map  Bookmark this Site  Set it as your HomePage  Contact Us     Login  |  Sign Up                      
Google
   
 
Categories >> Accounting >> Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions (422)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (157)
 Taxation interview questions  Taxation Interview Questions (1893)
 Accounting General interview questions  Accounting General Interview Questions (2781)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4351)
Question
journal entry for drawings?
 Question Submitted By :: Mvenkatmba
I also faced this Question!!     Rank Answer Posted By  
 
  Re: journal entry for drawings?
Answer
# 1
DRAWINGS A/C DR

TO CAPITAL A/C
 
Is This Answer Correct ?    178 Yes 64 No
B.narasimha Rao
 
  Re: journal entry for drawings?
Answer
# 2
capital a/c debit
to drawings a\c
 
Is This Answer Correct ?    59 Yes 109 No
Anupama
 
 
 
  Re: journal entry for drawings?
Answer
# 3
drawings a/c dr
or
capital a/c dr
to purchase(if goods taken)
To cash(if cash withdrawn/ taken )
 
Is This Answer Correct ?    67 Yes 24 No
Anoj
 
  Re: journal entry for drawings?
Answer
# 4
drawings a/c Dr
to purchase(if goods taken)
or
to cash (if cash withdrown by the owner)
 
Is This Answer Correct ?    78 Yes 11 No
Gajendra Yadav
 
  Re: journal entry for drawings?
Answer
# 5
Drwings a/c dr
To cash/Purchases a/c
 
Is This Answer Correct ?    65 Yes 5 No
Satyaki_raju@yahoo.com
[Taxtime]
 
  Re: journal entry for drawings?
Answer
# 6
DRAWING A/C DR
TO CAPITAL A/C

(BEING CASH WITHDRAW FROM BANK FOR PERSONAL USE)
 
Is This Answer Correct ?    11 Yes 66 No
Imtiyaz Ali
 
  Re: journal entry for drawings?
Answer
# 7
(if drawings made for personal use by owner)
Drawing a/c-Dr
to cash a/c-cr

(if goods taken)
Drawing a/c-Dr
to purchases a/c -Cr

(if drawings made from bank for office use)
cash a/c-Dr
to bank a/c-cr
 
Is This Answer Correct ?    53 Yes 8 No
Neelam Rajesh
 
  Re: journal entry for drawings?
Answer
# 8
if it's in cash then

drawings a/c Dr.
cash a/c Cr.

if it's in material then

drawings a/c Dr.
purchase a/c Cr.
 
Is This Answer Correct ?    45 Yes 3 No
Niraj Sharma
 
  Re: journal entry for drawings?
Answer
# 9
drawing a/c dr
to capital a/c
drawing a/c dr
to bank a/c
 
Is This Answer Correct ?    9 Yes 20 No
E. Rajasekaran
 
  Re: journal entry for drawings?
Answer
# 10
Drawings A/c Dr.
To Cash/Purchase/Capital/Bank A/c
 
Is This Answer Correct ?    25 Yes 12 No
Ramakant Agnihotri
 

 
 
 
Other Accounting AllOther Interview Questions
 
  Question Asked @ Answers
 
what is the Meaning W.D.V in balance sheet.   2
what is t.d.s   1
Expand N R I   5
What is MIS report and which accounting heads to be coverd for manufacturing & Trading company   2
What is the accounting treatment for TDS and service tax?   3
what is MERCANTILE Accounting system? how many accounting systems are followed in India DBS 1
Define Busines entity concept? ACS 4
how to calculate BEP in this problem? Sales Rs.3,00,000 Fixed Exp. Rs. 75,000 Direct Material.Rs.1,00,000 Direct Labour Rs.60,000 Direct exp. RSs.40,000 Facebook 6
Expand---------RBT Cognizent 2
what is the difference between amotization and depreciations???? Genpact 4
What is meant by Kpo?If possible tell me the process too?   6
Expand Q R   1
 
For more Accounting AllOther Interview Questions Click Here 
 
 
 
 
 


   
Copyright Policy  |  Terms of Service  |  Articles  |  Site Map  |  RSS Site Map  |  Contact Us
   
Copyright 2013  ALLInterview.com.  All Rights Reserved.

ALLInterview.com   ::  KalAajKal.com