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 / niraj sharma

if it's in cash then

drawings a/c Dr.
cash a/c Cr.

if it's in material then

drawings a/c Dr.
purchase a/c Cr.

Is This Answer Correct ?    60 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

please specify some books name in preparing a bank exam apttirutude questions

2082


EXPAND______________ICC

2249


what is meant by transposition error

2073


Expand-------------BRTS

2046


which kind of expenses or Income will come under direct expenses or Income ?

2128


EXPAND______________ICT

2015


What is Inventory Control?

5178


Short Answer on _________Business

2121


my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.

1978


how to entry of hra

2335


How can a shopkeeper maintain the daily data in tally

4234


What is revaluation of assets.when it occurs

2366


WHAT IS LIMITED REVIEW? WHY IT IS REQUIRE?

2258


what is span of shares

2056


what is absorbtion coasting?

2328