Answer / imtiyaz

sorry guys both spells are wrong . if you use colour tv as
a stock running into the bussines then it will uder stock
in hand or if you just purchase from other co. then it will
be fixed assets. The entry will be

Drawing A/c Dr
To Capital A/c

Note : - Always drawing will be deducted from capital.If
anything is wrong then let me know

Answer / srinivasa

Drawings Accounting Dr

to Capital a/c(proprietor a/c)

Answer / khan

Mr. Amit Chakraborty,

many thanks for your reply, but it is color Tv and not
Cooler, anyway no problem, ok drawings comes under Capital
Account, then what about Color/Cooler means under which
account. please let me know,

Thanks & regards,

Khan

Answer / shabeer moidu

DRAWINGS A/C DR
TO PURCHASE A/C

IN TALLY PASS THIS ENTRY THROUGH JOURNAL VOUCHER SAME AS
ABOVE SECCOND STEP SYSTEM ASKE NAME OF ITEM THERE MENTIONED
ITEM NAME .

Answer / satish

DRAWINGS ARE LIKE LOAN THAT U ARE WITHDRAWING FROM YOUR
BUSINESS AND ON WHICH INTEREST ON DRAWINGS BECOME DUE TO THE
CO'S BUSINESS THEN UNDER CAPITAL IT SHOULD BE DEDUCTED

Answer / subbu

drawings ac...dr
to color tv...

Answer / jishadali

it can be done either
as

Dravvings a/c...........Dr
to Capital

OR

1. TV a/c..................Dr
to Capital
(purchase from capital) &
2. Dravvings a/c...........Dr
to TV

Answer / satyakiraju

So many wrote Drawings Account Dr to Capital.
Pl mind capital account always shows Credit bal Drawings
decrease the value of capital. So all you are instead of
decreasing Capital balance increasing Capital
DRwaings A/c Dr
To Purachse of TVs is correct
Or if it is exclusively purchased for proprietors personal
use you have to pass the entry as
Drawings A/c Dr
To Cash
( Being TV purchased for proprietor)
I am giving practical exposure in Tally Accounting thru
online classes with original business documents. If
interested pl send your mail id to my telephone for
specially prepared notes to watch my classes
cell:9393999757

Answer / vishal

Drawings a/c dr.
cash a/c cr.

In narration we can write about this transaction.

Answer / zergham

drawing a/c
to capital a/c

then

Color TV a/c
to drawing a/c

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