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When a business man take his net profit from his firm, how
will make the entry in cash book?
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Answer / narasimha
drawing a/c dr
to cash a/c
being the amount take from profit for his personal use
purpose
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / binu.vs
Parter Drawings a/c Dr. (under current Assests)
To Cash
(being cash paid to partner for his personal use)
| Is This Answer Correct ? | 0 Yes | 0 No |
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