what is entry godds drwings in personol use
my point of viwe is
drwaings ac dr
To goods
Answer Posted / narasimharao.nalam
Drawings A/c dr
To Mr:x
Mr.x is one of the Md of company so he is used goods for personal use.
| Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
Explain what knowledge should financial accountant have?
what is the relationship between cost accounting financial accounting and managerial accounting?
what single discount is to2 successive discount of 10%& 15%
What is cost accountancy?
Tell me what is an over accrual?
There are two Business areas 1100 and 1200. I need to pick 1200 b.areaonly While enter the transaction? could any one please post the answer for this.
how to prepare for accontant examinations
What is an accounting transaction?
Mohan sold goods on 1st sep 2009 for the rs 200000/- to sohan immediatly accepted a 3 month bill.on the due date sohan request for the renewal of the bill for further peirod of two month .mohan agree to pay interest @9% per annum to be inculuded in the new bill . determine the amount of new bill?
what do you mean byrecoupment of shortworkings in royalty accounts
HELLO FRIENDS I WANTED TO THAT IS DUPLICATE KEY MAKING CHARGE IS UNDER THE HEAD OF GENERAL EXPENSES
What do you find most satisfying about this job?
using examples, examine the relevance of the following as final accouting adjustments; 1.reserves 2.provisions 3.disposal of assets 4.control accounts
discuss seperate determination concept
Explain me where a cash discount should be recorded in journal entry?