In tally drawing accounts come under which account






Answer Posted / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is new updates in account

1564


ER-1, ER-2,ER-3,ER-4,ER-5,ER-6,ER-7 plz tell me use of these excise form

1369


What is the Assets & Liabilities?

1791


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

1552


Ram, the proprietor brought additional capital of Rs 75000/- by pledging his wifes gold.pass entry

1779






why are you selecting for the profitbulity analysis costing based& active based

1640


My BASIC Salary is 18,000

1264


Whats the Balnace of Closing stock so if we issued the materil then the Closing stick will be dr and in case we pirchsed the materil the closing stock will be cr so tell me that i m correct or not

5510


wages posted twice what is the entry for that?

1922


if you fix salary to some body for Rs.10000/- what are the segregations to be done and what are the deductions to be done (segregations like basic, da,ta,conveyance etc., how ? what percentage what speaks law) and deductions what are those like, pf,esi,pt, etc., what ever

1555


WHAT IS INTEGRAL ACCOUNTING

1776


who introduces the single entry format?

1561


Expand-------NSAC

1486


EXPAND______________ICT

1553


Expand-------MTRS

1782