stock taken as drawing what should be the accounting entry
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Answer / sekhardatta
drawings A/c Dr
To purchases A\c
(good at cost price(i.e purchases)have been credited)
Is This Answer Correct ? | 19 Yes | 2 No |
Answer / pradeep gunuguntla
Drawings A/c ... Dr
To Purchases A/c
Is This Answer Correct ? | 5 Yes | 4 No |
Answer / patta.mahaboob basha
Drawing A/c DR 0
To Capital A/c
(Being for goods used)
Note:Being it is related to Proprietor A/c
Is This Answer Correct ? | 0 Yes | 1 No |
Answer / keerthana gowda
Drawings A/C.... Dr
To goods or stock A/C
(being goods used for personal purpose)
Is This Answer Correct ? | 0 Yes | 5 No |
If there are 15 credit purchases during a given month, then there will be ....................... posting from the purchase book at the end of the month
Cheque
2 Answers Bank Of America, Pioneer,
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