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 / md abdul bari
1) Withdraw from SBH Rs.10,000 for office use.
cash A/C Dr. 10,000
To bank A/C 10,000
2). Withdraw from SBH Rs.5,000 for private use.
drawings A/C Dr. 5,000
To bank A/C 5,000
| Is This Answer Correct ? | 32 Yes | 7 No |
Post New Answer View All Answers
What is journal entry for salary paid less deductions (e.g. fines for breaking a company's property)?
Explain me where a cash discount should be recorded in journal entry?
After close Balance Sheet, we find a expense which was wrongly debited in Profit and Loss A/c. How we adjust next accounting period?
Tell me what is “deposit in transit”?
what is the procedure to appoint an Austrlian citzen as indian company director...
What is the definition of manual accounting?
Explain what is involved in the process of double-entry accounting?
Accounting for vc money in financials
What is bond ? What is capital market?
What is the diffrent job&project accounting?
What elements of your job do you find most difficult?
which report give the data of GL with materials details in sap?
Mention in simple terms what is the difference between asset, equity, and liabilities?
How the Entry passed for Loss of Payment
when we purchase of tractors and two wheeler vehicle from other state what we get taxes exemptions