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journal entry for drawings?

Answers were Sorted based on User's Feedback



journal entry for drawings?..

Answer / dinesh

Drawing a/c dr
To bank a/c
(Draw a chewed for personal use)

Is This Answer Correct ?    0 Yes 0 No

journal entry for drawings?..

Answer / pydiraz

Bank A/C Dr.
To Cash / Purchase A/C

Is This Answer Correct ?    0 Yes 0 No

journal entry for drawings?..

Answer / grace

what if the item taken is not for perconal use but for
Office use?

Is This Answer Correct ?    0 Yes 3 No

journal entry for drawings?..

Answer / jahanzaib

Name of the person withdarws A/C dr.
To Cash A/C

Is This Answer Correct ?    0 Yes 3 No

journal entry for drawings?..

Answer / dale karthik

New journal for Drawings

Dale a/c to
karthik a/c

Is This Answer Correct ?    0 Yes 6 No

journal entry for drawings?..

Answer / e. rajasekaran

drawing a/c dr
to capital a/c
drawing a/c dr
to bank a/c

Is This Answer Correct ?    9 Yes 20 No

journal entry for drawings?..

Answer / anupama

capital a/c debit
to drawings a\c

Is This Answer Correct ?    60 Yes 113 No

journal entry for drawings?..

Answer / imtiyaz ali

DRAWING A/C DR
TO CAPITAL A/C

(BEING CASH WITHDRAW FROM BANK FOR PERSONAL USE)

Is This Answer Correct ?    12 Yes 67 No

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