In tally drawing accounts come under which account
Answers were Sorted based on User's Feedback
Answer / a.madhu sudhan rao
Not only in Tally Actually in Accounts Drawings Relates to
Partners.
Drawings come under Partners Capital Account
In Tally Drawings Ledger Come Under Capital Account
Is This Answer Correct ? | 496 Yes | 33 No |
Answer / imtiyaz ali
Drawing comes under capital A/c
if he use some money from company for his personal use.
Thats we have to deduct from capital.
Is This Answer Correct ? | 313 Yes | 30 No |
Answer / nikita
DRAWING COMES UNDER PARTNERS CAPITAL A/C AND ENTRIES WOULD
BE
1) CAPITAL A/C DR.
DRAWINGS A/C
2) DRAWINGS A/C DR.
BANK A/C
PLEASE TELL ITS RIGHT OR NOT.
Is This Answer Correct ? | 262 Yes | 33 No |
Answer / ranjita
Drawings come under Partners Capital Account
Is This Answer Correct ? | 118 Yes | 15 No |
Answer / sheheem
owner drawing means which he withdrew from the business,,
we can't ask him give the money back,.,., so we are making
an account calling drawing account . it will be deductable
from capital account,.,.,.,.
capital a/c dr
to drawing a/c
Is This Answer Correct ? | 83 Yes | 29 No |
Answer / santosh kumar maruya (rajan)
REALY, DRAWINGS COMES UNDER PARTNERS CAPITAL A/C
AND IN TALLY IT COMES UNDER CAPITAL A/c
AND ENTRY WILL BE MADE AS SHOWN-
CASH A/c Dr. (MONEY IN)
CAPITAL A/C CREDITED (MONEY OUT IN CASH)
INCASE OF DRAWINGS,
DRAWINGS A/c Dr. (MONEY IN)
CASH A/c (MONEY OUT)
Is This Answer Correct ? | 55 Yes | 7 No |
Answer / xyz
drawings come under capital a/c and entry is
drawingsa/c dr....
to bank a/c
Is This Answer Correct ? | 37 Yes | 7 No |
What are the general ledgers
The following Trial Balance was extracted from the books of Chetan.Do you think that it is correct? If not,rewrite it in the correct form. Debits Rs Credits Rs ------------------------------------------------------------ Stock |8250 | Capital |10000 Purchases |12750 | Sales |15900 Returns outward |700 |Returns inwards |1590 Discount received|800 |Discount allowed |800 Wages & salaries |2500 |Scooty |1750 Rent and rates |1850 |Carriage charges |700 Sundry debtors |7600 |Sundry Creditors |7250 Bank Overdraft |2450 |Bills payable |690
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