Hi Everybody,
i would like to know the journal entry for the below
question,
1). One color Tv is taken by proprietor for Personel use.
also in TALLY Accounting package how i can post,if it is
drawings,under which account, please let me know.
Thanks,
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Answer / amit chakraborty
1)The entry will be:
Drawings Dr
To Cooler Tv
2) In tally, the group of the a/c drawings will be- Capital
| Is This Answer Correct ? | 3 Yes | 7 No |
Answer / vadeendra
Accounting entries will be only for those transactions which
can be expressed in monetary terms. so there will not be any
entry for this transaction.
| Is This Answer Correct ? | 0 Yes | 5 No |
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