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,
Answer Posted / 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 |
Post New Answer View All Answers
Tell me what is the difference between accumulated depreciation and depreciation expense?
What have you read in the newspapers in the last few days that particularly interested you?
i WANT TO KNOW WHAT IS THE INTEREST RATE IF WE CAN NOT PAY THE DEPOSIT SALE TAX AMOUNT WITH IN PERIOD
Hi I would like to know what is journal entry for buying securities with Margin Trading I mean 50% of cost is paid by broker. 2nd question is when we withdraw extra money from the balance we have in bank account which means our balance become (-) what is journal entry for that, should I just credit the bank or should I put the extra money with-drawled as a liability account ? Thank you in advance!
What is the definition of manual accounting?
all GL Related Interview questions with answear
while preparing insolvency account deficiency account is wich account? why we do not prepare it with general rules?
What will be a entry for TDS deducted on Salaries, Directors Remuneration and Rent.
What is the logic behind this entry P & L Appropriation A/c ..........Dr. To Provision for income tax A/c
Why are accounting standards necessary?
what are the extraordinary items?
wht is different between defered tax liablities and defered tax assets??????
What is your role in planning?
What is normative accounting?
Recent trends in Corporate Governence?