Interested to Buy Any Domain ? << Click Here >> for more details...
Hi everybody,
can anybody tell me what will be the journal entry for (
1). Withdraw from SBH Rs.10,000 for office use.
2). Withdraw from SBH Rs.5,000 for private use.
Thanks,
- 10 Answers
- 36528 Views
- I also Faced
- E-Mail Answers
Answer Posted / ravinder
1) Cash A/c Dr. Rs. 10,000/-
To SBH A/c Rs. 10,000/-
2) Drawing A/c Dr. Rs. 10,000/-
To SBH A/c Rs. 10,000/-
| Is This Answer Correct ? | 99 Yes | 11 No |
Post New Answer View All Answers
Dear sir/madam, Want to know entry for closing of sundry creditors account on the end of the year when its accounts shows debit balance, Payment made excess. E.g Invoice rcvd : 100000.00 from XYZ company payment Made: 105000.00 Please suggest best entry for the same
ABC LTD IMPORTED GOODS FROM USA FOR $20000 ON 1/1/11 AT A EXCHANGE RATE OF RS.47.55. THEY MADE A PAYMENT OF $12000 ON 15/1/11 AT A RATE OF RS.45.95. BALANCE PAYMENT WAS MADE ON 25/1/11 AT A RATE OF RS.49.10
Wha is difference between expenses and expenditure
what is the meaning of 4X and 10X value in intraday market?
how many times we can deposit the old currency in one a/c in the bank
What is meant by public accounting?
Tell us what do you believe should be an important quality of an account executive?
Tell me what is the master account?
Explain what is ledger?
Can you tell me entry tax will be applicable on Spectacles purchase from u s a
What was your average accounts receivable days outstanding/days sales outstanding?
What is the Corporate Tax, Minimum Alternate Tax, Professional Tax, Business Tax Describe Me
What is general ledger account?
Tax Invoice: Client had settled Rs. 5,25,000/- {after deducting TDS @ 10% from base/gross amount and then added (+) Service Tax Amount (15%)} which equals to Rs. 525000/- (Settled Amount by Client). Please let me know what will be gross amount and total invoice amount including Service Tax????
what is the difference between profit center area and business are.? please make me clear.
