journal entry for drawings?

Answer Posted / satyaki_raju@yahoo.com

Drwings a/c dr
To cash/Purchases a/c

Is This Answer Correct ?    119 Yes 14 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How Are The Balance Sheet And Income Statement Connected?

716


Tell me about how you have left a position better than you found it

1521


Define Salry for the following purpose 1.To calculate HRA

1739


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

1655


What is Profir/Earning Before Tax and Profit after tax any one explaint this Clearly.

1831






WHAT IS BANK RECONCILIATION STATEMENT? DIFFERENCE BET PUBLIC COMPANY AND PRIVATE COMPANY? MEMBERS IN PUBLIC CO AND PRIVATE COMPANY? WHAT IS DEPRECIATION?

1751


i am the student of icwai (intermidiate) What is the tds and how use the different state ..

1623


EXPAND___________NBW

1469


If someone knows about the test pattern of Junior executive accounts than please share.

1692


Short Answer on ______Transaction

1535


what is span of shares

1481


what is meant by cash purchase?

909


whether financing to Bulk Milk Coolers comes under CMA under Agriculture or Non Farm Sector

1189


outstanding expenses are the expenses that "unpaid"at the end of the accounting period e.g.salaries rent so they all come to under nominal accounts which is debt all expenses and losses and credit all gains since they are unpaid hence they must be credited

1473


Nike,Inc. has developed a variable-overhead rate of $10 per machine hour,and estimates fixed overhead $250,000 for production up to 100,000 units per year. If the production manager estimates 9,000 machine hours for the production of 90,000 units next year, what are estimated variable-overhead costs?

1814