When a business man take his net profit from his firm, how
will make the entry in cash book?
Answer Posted / binu.vs
Parter Drawings a/c Dr. (under current Assests)
To Cash
(being cash paid to partner for his personal use)
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
what is the limit of cash payment in a manufacturing firm and job work related work and how much we paid to the job worker cash payment in financial year Aslam
what is the Differed Tax Liability & How it is calculate ?
Define bills receivable?
How the Entry passed for Loss of Payment
Explain me what is important to effective market analysis?
how to prepare brs statement for company in tally
when the ABC's personal bank to to his business bank money transferred(paid) then how to pass the entry.
Fundamental accounting assumptions are (a) Materiality. (b) Business entity. (c) Going concern. (d) Dual aspect
where to show Preliminary expenses except "Statement of changes in working capital" in Fund flow statement?
WHAT IS ACCOUNTING HEAD FOR TRADE FINANCE? I HAVE PAID 49268 FOR TRADE FINANCE.WHERE SHOULD I TAKE IN TALLY
Tell us how can you define departmental accounting?
A COMPANY IS SERVICE PROVIDE TO B CO. 100,000 AND CHARGED STAX 10000 TOTAL BILL RAISED 110000 AND RECIEVED 30% FROM B IN DECEMBER AND 40% RECIEVED IN 10JAN2011, BALANCE 40% RECD IN 10 FEB2011 WHAT WILL BE GENERATED ACCORDING ACCOUNTING PRENCIPLE OF BOTH SIDE (MEAN A &B) WITH REVANUE& PROVISION PLEASE TELL ME
What are accounting rules called?
What's the accounting entry when an Invoice is created in AR?
Can we Put "TAX INVOICE" in the sale in Transit (E1) Invoice.