Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

In tally drawing accounts come under which account






Answer Posted / santosh kumar maruya (rajan)

REALY, DRAWINGS COMES UNDER PARTNERS CAPITAL A/C
AND IN TALLY IT COMES UNDER CAPITAL A/c
AND ENTRY WILL BE MADE AS SHOWN-

CASH A/c Dr. (MONEY IN)
CAPITAL A/C CREDITED (MONEY OUT IN CASH)

INCASE OF DRAWINGS,
DRAWINGS A/c Dr. (MONEY IN)
CASH A/c (MONEY OUT)

Is This Answer Correct ?    55 Yes 7 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is meant by advance ruling? What is the scheme of advance rulings?

2027


How goodwill is accounted for the first time in a company .

2080


Short answer on Allowances

1977


closing stock at the end is comprised of %a purchase price of $60000,10% discount and 15% import duty.The stock can be sold for $70000 after incurring costs of $1950.Included in the purchase price is abnormal wastage of $2000.Transportation costs are $1000 and storage costs are $500,what is the value of the closing stock?

1702


WHAT IS THE DIFFERENCE BETWEEN COST CONTRL & COST REDUCTION

2029


With scan-based trading, are retail companies creating inventory at the point of sale or recording income/expense?

2452


How to caluculate the value of Corporate Profit, the value of personal savings and the value of indirect tax?

1908


i have completed my MBA with finace background. am intrested to learn oracle finace.can you suggest me which are good instittues in hyderabad.at area wise.

2326


how to check which item is sold by the sundry debtors in tally?

2164


what is the main difference between nse & bse operations

2073


Being BE student why you want to join bank?

2415


honararium for the month of march 2013 can be paid on 31 mar 2013

2134


Short Answer on __________Measurement

2087


how to maintain E-Commerce companies accounts

1474


hdn Systems Pvt. Ltd., manufactures a consumer durable which passes through two processes M and N. From the following details prepare necessary process ledger accounts bringing out clearly the cost of the product at each stage. Process ‘M’ Process ‘N’ Materials (Rs.) 30,000 3,000 Labour (Rs.) 10,000 12,000 Overheads (Rs.) 7,000 8,600 Input (units) 20,000 17,500 Normal loss 10% 4% Scrap value of loss (per unit) Re. 1.00 Rs. 2.00 There is no opening or closing W-I-P or stock at processes. Final output from the process ‘N’ was 17,000 units

2189