In tally drawing accounts come under which account
Answer Posted / santosh kumar maruya (rajan)
REALY, DRAWINGS COMES UNDER PARTNERS CAPITAL A/C
AND IN TALLY IT COMES UNDER CAPITAL A/c
AND ENTRY WILL BE MADE AS SHOWN-
CASH A/c Dr. (MONEY IN)
CAPITAL A/C CREDITED (MONEY OUT IN CASH)
INCASE OF DRAWINGS,
DRAWINGS A/c Dr. (MONEY IN)
CASH A/c (MONEY OUT)
Is This Answer Correct ? | 55 Yes | 7 No |
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