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Hi Everybody,

i would like to know the journal entry for the below
question,
1). One color Tv is taken by proprietor for Personel use.

also in TALLY Accounting package how i can post,if it is
drawings,under which account, please let me know.
Thanks,

Answer Posted / satish

DRAWINGS ARE LIKE LOAN THAT U ARE WITHDRAWING FROM YOUR
BUSINESS AND ON WHICH INTEREST ON DRAWINGS BECOME DUE TO THE
CO'S BUSINESS THEN UNDER CAPITAL IT SHOULD BE DEDUCTED

Is This Answer Correct ?    0 Yes 0 No



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