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In tally drawing accounts come under which account
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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 |
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 |
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 |
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 |
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 |
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 |
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