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,
Answer Posted / lucky
cash a/c Dr.10,000
To SBH 10,000
(Being Cash withdrawl for Office use)
Drawing A/c Dr.5,000
To SBH 5,000
(Being Cash Withdrawl for personal use)
| Is This Answer Correct ? | 66 Yes | 6 No |
Post New Answer View All Answers
A non-function currency claim:- Employee while updating a non functional currency claim the system uses the period end rate i.e. any claim pertaining to the period 01Aug - 25th Aug. the system uses the period end rate as of July 31st. (2) Also, what is the basis of using the period end rate not the average rate for expenses claim. Can you please clarify my question.
What are the effects when intangibles and tangible assests decrease
want to know the questions and answers frequently asking in banks at the time of interview for any cadre
What are the 4 types of ppe?
What are the nine accounting cycles?
how many types of currencies are there in oracle r12
Why you want to change???
Productive Investment is Working Capital. Is it correct?
What are mis reports and do you prepare it?
What does the abbreviation dr mean in accounting?
how to deduct tds on income from other sources with examples
Why some asset accounts have a credit balance?
How can I put Bank Guarantee Receipt entry in Tally ERP9?
Define executive accounting?
How to make privision in SAP. (Please revert on the possibility of making this happen at PO Stage)