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journal entry for drawings?

Answer Posted / neelam rajesh

(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

Is This Answer Correct ?    101 Yes 13 No



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