In Ledger of Capital A/c what will be the entries for Drawings a/c?

Question Posted / renata

Answers were Sorted based on User's Feedback

In Ledger of Capital A/c what will be the entries for Drawings a/c?..

Answer / siva

drawings a/c dr
To capital a/c

Is This Answer Correct ?

3 Yes

1 No

In Ledger of Capital A/c what will be the entries for Drawings a/c?..

Answer / abhi

capital a/c dr.
to drawing a/c

Is This Answer Correct ?

1 Yes

2 No

More Accounting General Interview Questions

WHAT ARE THE DISTINGUISH BETWEEN ACCOUNTS RECEIVABLE AND ACCOUNTS PAYABLE

Which kind of transactions are not recorded in the books of account?

How to generate sale invoice in tally (cost of the Item is Rs.25000/- VAT applicable 14.5%

director wife expenses which entry

What is CST ?

any one provide me mm & fi configration steps

WHAT ARE THE LIMITATIONS FACING ACCOUNT CONCEPTS AND CONVENTIONS?

how to calculate process account under fifo and weighte average method in eqivalent production.

What is Accruals ? How it is treated in finacials

What are the criteria for accounting job?

How to calculate ESI pls give with example? and Professional tax give with example brother?

can i material bill book in miro without vat on transport charges ?

For more Accounting General Interview Questions Click Here