Interested to Buy Any Domain ? << Click Here >> for more details...
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 |
Post New Answer View All Answers
Q13. Journalise the following transactions: Proprietor withdrew for private use Rs.4000/- from bank and 6000/- cash. Goods Costing Rs.5000 was burnt by fire. Purchase Machinery for cash Rs.150000/- and paid Rs.2000/- on its Installation. Charge 5% Depreciation on building costing Rs.200000/- and 8% Depreciation on Furniture costing Rs.5000/-. Prepaid Salary Rs2000/- Kapil who owed us Rs20000/- become insolvent and nothing is received from his estate.
Anyone whose sbi interview has been over , please share all the question asked by them
what is the entry for goods sent from one factory to another under inter branch transfer sale of the same compny and what should be the valuation for this purpose?
company accounts introduction?
diffrence between the profit center and business area
What is the difference between payable and accrual
EXPAND_________SCM
I have scooter , and its insurance expired for the past 1 yrs and i need to renew it ? how to , explain?
Q5 Prepare a Balance sheet from the following particulars: Gross profit =Rs.80,000 Gross profit to cost of goods sold =1/3 Stock velocity =6 times Opening stock =Rs.36,000 Accounts receivable velocity =72 days (year=360 days) Current assets=Rs.1,50,000 Account payable velocity=90 days Bills receivable =Rs.20,000 Bills payable=Rs.5,000 Fixed assets turnover ratio (on cost of goods sod)=8 times
An applicant paid excess amount to the Government Office through a demand draft for a particular permission/license instead of actual fees. Later he went to government office and requested to return the previously submitted demand draft. Can he get back the Previously submitted demand draft(which was not adjusted into government account) duly paying he actual fee?
How to increase our credit rating score quickly?
you went outside to purchase vegetagles, suddently big rain came then what you will do
sir, i am working recruitment con.pvt ltd inthat one person salary will pay per month Rs.28000/- so i want to enter in our books only one salary payment or basic pay and spl.aa and others like this break up entrys we will pass please suggest
Expand---------PED
What do you mean Business
