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



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