journal entry for drawings?
Answers were Sorted based on User's Feedback
Answer / dinesh
Drawing a/c dr
To bank a/c
(Draw a chewed for personal use)
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / grace
what if the item taken is not for perconal use but for
Office use?
| Is This Answer Correct ? | 0 Yes | 3 No |
Answer / jahanzaib
Name of the person withdarws A/C dr.
To Cash A/C
| Is This Answer Correct ? | 0 Yes | 3 No |
Answer / dale karthik
New journal for Drawings
Dale a/c to
karthik a/c
| Is This Answer Correct ? | 0 Yes | 6 No |
Answer / e. rajasekaran
drawing a/c dr
to capital a/c
drawing a/c dr
to bank a/c
| Is This Answer Correct ? | 9 Yes | 20 No |
Answer / imtiyaz ali
DRAWING A/C DR
TO CAPITAL A/C
(BEING CASH WITHDRAW FROM BANK FOR PERSONAL USE)
| Is This Answer Correct ? | 12 Yes | 67 No |
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