Answer / ravi naidu

drawings a/c dr
to cash a/c
[cash taken by proprietor for personal use]

drawings a/c dr
to purchases a/c
[goods taken by proprietor for personal use]

after this entry drawings are deducted from proprietor's
capital a/c so........

proprietor capital a/c dr
to drawings a/c

Answer / pindi venkata ramana

DRAWINGS A/C ...DR
TO CASH

(FOR CASH)


DRAWINGS A\C....DR
TO PURCHASES

Answer / jumana

drawings a/c dr
to trading a/c...
if goods are taken for personal use
if cash is taken
drawings a/c dr
to cash a/c

Answer / vinod ram kishan

Drawing Dr.
Cash Cr.

Answer / jagadeesh

Drawings A/c Dr.
To Cash/Purchase A/c

Answer / shishank katiyar

i.Drawing A/c Dr
To cash a/c
(being made payment agst personal use)

Answer / jitendra

drawing a/c dr

To goods
To cash


becouse being bussines bourght goods in bussines not purchese entry

Answer / govind

(if drawings made for personal use by owner)
Drawing a/c-Dr
to cash a/c-cr

(if goods taken)
Drawing a/c-Dr
to purchases a/c -Cr

(if drawings made from bank for office use)
cash a/c-Dr
to bank a/c-cr

Answer / hamshaj

Drawings A/c Dr.

To Cash

Answer / chaitanya vrama

drawings a/c dr
to cash a/c (if cash is taken by the owner)
or
to purchase a/c (if goods are taken by owner)

What is contingent liability and contingent asset and provision in respect Accounting Standard?

2 Answers  

what is profit & loss A/c? difference between income & expenditure A/c

3 Answers   Tata Motors,

book building

8 Answers   Capital IQ, Lanco,

what is 'operating and non operating expenses?

2 Answers   BA Continnum Solutions,

Whats is Cash Flow Statement why its is prepare ?

2 Answers  

what are the golden rule of accounting.

17 Answers   Patni,

what is the journal entry for credit sale and credit purchase?

24 Answers   Accenture, Cap Gemini, Consero Global, Fauji Fertilizer, Genpact, HP, IBM, Insurance, OPG, Vibro, Xerox,

The Bad Debts figure in the trial balance is 170. The following info is to be taken into account: A provision for bad debts of 5% of debtors is to be created

2 Answers  

List the clasification of errors

1 Answers  

Expand R A (Allowance in Railways)

2 Answers  

Expand ________GFD

3 Answers  

EXPAND_________SHRC

1 Answers