What is the journal entry for drawing money from bank for personal use?
Answer Posted / manguli charan pradhan
Drawings a/c Dr
To bank a/c
| Is This Answer Correct ? | 15 Yes | 2 No |
Post New Answer View All Answers
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?
Pls tell me the basic rules of accounts for interview in finanace or accounts section
Can share warrants issued by the company be considered as potential equity shares? If yes, then will it be considered for calculating dilutive EPS?
In which book we can learn in detail of closing stock valuation. And if any site is available kindly help.
goods worth rupees 440 distributes free among the poor?
Differentiate between consignor and consignee?
What is the provision?
As you know any other accounting application?
What are the nine accounting cycles?
Explain me do you think accounting standards are mandatory and why?
What are the disadvantages of double entry system?
Spinoff,Spelloff
Explain what knowledge should financial accountant have?
Accounting Questions
Our is a banking Activity, one person is supplying printing advertisement sheet of our product, whether he is liable to deducte TDS @ 1%