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
The 'going concern concept' is the underlying basis for: 1.stating fixed assets at their historical cost 2.disclosing the market value of securities 3.disclosing the sales and other operating information in the income statement 4.none of the above
What is service tax & excise?
how to do asset appreciation in sap?
Tell me in balance sheet, where do you show tds?
Company ABC split 1:3 on March 31, 2009 and split 3:1 on March 31, 2008. Date Close Price # of Shares Revised Closed Price Revised # of Shares June 15, 2009 $75.00 3000 $75.00 April 23, 2009 $72.00 2300 $72.00 March 31, 2009 $67.00 999 $ March 31, 2008 $275.00 300 $91.66 November 30, 2007 $233.00 6800 $77.66 October 6, 2006 $1,333.00 13000 $444.33
Tell me about an invoice discrepancy you discovered and how you resolved it
Explain what is bad debt expense?
hai everone,can anyone send me the accounting ,finance,general interview questions for mba freshers plz.....urjent
Tell me deferred taxation is a part of which equity?
under which head should be the p & l appropriation a/c should be opened in tally 9? and how to preapare and display it?
How the Depreciation will calculate in Company?
How much mathematics knowledge is necessary or required in accounting?
What are the 4 phases accounting?
what is wct ? who take its benefit? e.g. we are works contractor, we are liable to take its benefit or not..
Equipment A has a cost of Rs.75,000 and net cash flow of Rs.20000 per year for six years. A substitute equipment B would cost Rs.50,000 and generate net cash flow of Rs.14,000 per year for six years. The required rate of return of both equipments is 11 per cent. Calculate the IRR and NPV for the equipments. Which equipment should be accepted and why?