Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

journal entry for drawings?

Answer Posted / neelam rajesh

(if drawings made for personal use by owner)
Drawing a/c-Dr
to cash a/c-cr

(if goods taken)
Drawing a/c-Dr
to purchases a/c -Cr

(if drawings made from bank for office use)
cash a/c-Dr
to bank a/c-cr

Is This Answer Correct ?    101 Yes 13 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Sir i am working in 3 star hotel as a senior accountant i need some general letter drafts pleas do the need ful

2082


What are the question asked for accounts associate

937


example of SOP

1924


Define the word Profit in terms of business

2140


Expand ________FIPB

2113


what are responsibilities of an accountant in a company?

2046


Expand-------NABT

1825


What is written off?

2090


what is cc limit and what role accountant play to maintain it?

2162


DEfine SAP

2073


What are Home Equity Loans ?

2202


Entrance Exam question & Answer required

1964


sir,how to get strong position in finance .how to get good position in company. qulification.Msc,MBA

2139


Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance

2623


If in a PO, the freight condition is mentioned as Air freight and the material is actually received by Road, how does the system check before making the necessary accounting entries?

2045