company office interior work payment paid by MD on his
personal account what is entry in company accounts book & md
personal a/c book?
Answer Posted / anil yadva
Dr. the expense / Assests a/c
Cr. Drawing A/c
Amount invested by him.
| Is This Answer Correct ? | 4 Yes | 3 No |
Post New Answer View All Answers
What is account receivable?
what are the basic elements to prepare a quarterly information system and how to calculate that items?
Plz Ask from me New Accounting Questions.
what is dmat charges?
What is the entry for closing stock value reduction?
Mention why some asset accounts have a credit balance?
What is dividend warrants?
What happens to the company's "cash account" if it borrows money from the bank by signing a note payable?
please inform me , how to make employee ladger account of salary...please inform me with entry..e.g if we give 14000 salary, as structure we put it half amount in advance and half is salary so in this case how to make entry in employee ledger account...please inform me...both things..Thank You.
sir ,can effect on wbs element after wbs selected in t code : FBCJ for cash receipt?
what is account reconcillation
while preparing insolvency account deficiency account is wich account? why we do not prepare it with general rules?
Explain me what makes a successful account manager?
what are the extraordinary items?
we have received amount from others through debit/ credit cards. what is the ledger group of this? i am confused selecting the ledger group could you explain.