Hi everybody,
can anybody tell me what will be the journal entry for (
1). Withdraw from SBH Rs.10,000 for office use.
2). Withdraw from SBH Rs.5,000 for private use.
Thanks,
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Answer / ravinder
1) Cash A/c Dr. Rs. 10,000/-
To SBH A/c Rs. 10,000/-
2) Drawing A/c Dr. Rs. 10,000/-
To SBH A/c Rs. 10,000/-
| Is This Answer Correct ? | 99 Yes | 11 No |
Answer / lucky
cash a/c Dr.10,000
To SBH 10,000
(Being Cash withdrawl for Office use)
Drawing A/c Dr.5,000
To SBH 5,000
(Being Cash Withdrawl for personal use)
| Is This Answer Correct ? | 66 Yes | 6 No |
Answer / md abdul bari
1) Withdraw from SBH Rs.10,000 for office use.
cash A/C Dr. 10,000
To bank A/C 10,000
2). Withdraw from SBH Rs.5,000 for private use.
drawings A/C Dr. 5,000
To bank A/C 5,000
| Is This Answer Correct ? | 32 Yes | 7 No |
Answer / b.narasimha rao
cash a/c dr 5000
to sbh a/c 5000
drawing a/c dr 5000
to sbh a/c 5000
| Is This Answer Correct ? | 17 Yes | 8 No |
Answer / anil kumar
For Official Use
1-Drawing A/C Dr. 10000
To Cash A/C 100000
For Personal Use
2- SBH A/C Dr. 5000
To Cash A/c 5000
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / vijaykumar.s
Cash A/c. Dr. 5000
Drawing A/c.Cr. 5000
To Bank [ SBH ]A/c Cr. 10000
Being cash drawn from bank in this 5000 used for personal
If is mistake kindly update me
S.vijay369@gmail.com
| Is This Answer Correct ? | 10 Yes | 17 No |
Answer / nayeem islaahi
helo frnds its a contra entry..........let me clear
In A ledger book we have to mention
By cash
To Bank
Cash A/c dr. 10,000/-
To Bank A/c 10,000/-
(Being withdraw from bank for office use.)
Advances A/c dr. 5000/-
To Bank A/c 5000/-
(Being Cash Received Against Advance)
| Is This Answer Correct ? | 5 Yes | 30 No |
Answer / girish
1 ) Cash A/c - Dr Rs.10,000/-
To SBH A/c Rs.10,000/-
2 ) Advances A/c - Dr Rs.5,000/-
To SBH A/c Rs.5,000/-
( Advances A/c should be created under the group Loans and
Advances (Assets) and will be adjusted from the next
payment to be made to the person who is using it for
private purpose)
| Is This Answer Correct ? | 11 Yes | 40 No |
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