journal entry for drawings?

Answer Posted / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Total numbers of companies listed on stock Exchange?

2102


Why it is necessary to use SAP in an industry? & What is the difference from other advance accounts software like Tally ERP 9? What is the importance of using GAAP for best management decission or why GAAP using by Top Management?

1605


Expand CASA

1636


Expand-------SNAT

1516


i want the steps involved in the customization for the process order. my situations is if i take the process order for x qty then stores people can issue only x qty not less or not more. how to do this. pls help me

1457






which name written in Tan application form Applicant is sole proprieter companies name or individual name?

1479


What is Mean By FRS for HQ reporting, How To Prepare?

1626


Define control account Thanks

1540


Expand---------OST

1739


do we have to learn all the shortcutkeys in tally.i am from non commerce background ,where should i start from.

1546


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

1732


Data flow of Accounts payable to General ledger?

1253


proprietor pays the hotel expenses of foreign client by his icici bank credit card. and then he pays the credit card bill by canara bank current account. how to pass entries in tally for this secnario

1043


Expand---------PSRT

1583


what are the type of cash flows?

2289