Question

amount withdrawn ki balance sheet Kaise Banegi​

Answer 1

Answer:

Additionally, equipment or supplies donated to the business by the owner should be included in the owner capital account. At the end of the fiscal period, the net income or net loss also is transferred to the owner capital account.

Recording Owner Withdrawals

"Owner Withdrawals," or "Owner Draws," is a contra-equity account. This means that it is reported in the equity section of the balance sheet, but its normal balance is the opposite of a regular equity account. Because a normal equity account has a credit balance, the withdrawal account has a debit balance.

For example, if the owner withdraws $1,000 from the company for personal use, a debit of $1,000 is entered to "Owner Withdrawals," and a credit of $1,000 is entered to "Cash." If this is the only withdrawal made by the owner so far during the fiscal year, the balance sheet has a line showing the owner capital and a line showing owner withdrawals of $1,000. Owner withdrawals are subtracted from owner capital to obtain the equity total.