goods with drawn by proprietor for household expenses

Question Posted / cherry

Answers were Sorted based on User's Feedback

goods with drawn by proprietor for household expenses..

Answer / ashish kulkarni

Drawing aC dr
To goods ac
(Being goods used for personal use)

Is This Answer Correct ?

9 Yes

0 No

goods with drawn by proprietor for household expenses..

Answer / tejas

Drawing a/c Dr
To purchase

Is This Answer Correct ?

2 Yes

3 No

More Accounting General Interview Questions

What is definition of a cash float in accounting?

What is tally accounting?

what is the accounting rules?

What is account receivable?

How many types of business transactions are there in accounting?

WHICH QUESTIONS ASKED IN EPFO IN 2009.

i want make credit card ledger. which group under its come?

How do you handle rejection?

could you please tell me what CRR & SLR?

What does the investment of personal assets by the owner will do?

How you will treat purchase of phones & software CD's in Tally. what are the heads for both.

what is the difference between earnings and profits

For more Accounting General Interview Questions Click Here