If we maintain inventory then if proprietor take the some
goods for personal Use then how to we do entry

Answer Posted / sandeep

drawings dr
to purchases.

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

In which term & condition excise invoice raises & for what excise invoice raise?

983


What is icai?

691


total assets are equal to total liabilities in final accounts ?why?

1419


What Is Differ tax,

1626


Hi.. I am pursuing my MBA II year thrgh distance frm O.U HYD., Pls let me know any jobs...in Bank jobssssss

1796






During execution of Works Contract,If Contractee(Customer) supply goods to contractor, then it should be shown in Invoice as deduction or no need to show in Invoice.

1226


What happens to the company's "cash account" if it borrows money from the bank by signing a note payable?

656


Explain fictitious assets?

596


what is consumer product accoutning?

1412


EXPLAIN EACH SECTION PROVISIONS ON TDS?

1402


if no production is take place at the start of a process in royalty accounting what will be the accounting procedure for that.

1522


I am a service man.I want to submit my income tax return by efilling.Anybody can help me to do the same with the information to submit the file?

1780


Why did you choose the a-levels you did?

619


What is trial balance? What does an accurate trial balance suggest?

599


WHAT IS CORE ACCOUNTING, GROUP CONSOLIDATION ? CONSOLIDATED ENTRY. COULD YOU GIVE ME AN EXAMPLE

13465