Question

Bought good a table fan for 1000 domestic use.

Answer 1

How nice. Please give one to me

Answer 2

Drawing Account

Explanation:

                               Books of (---- Limited)

                                     Journal Entry

Date       Account Title and Explanation       Debit      Credit

                   Drawing             a/c Dr                 1,000

                        To Cash / Bank     a/c                              1,000

                    (Being table fan purchase for personal use)

Explanation: Table fan purchase for personal use will be counted as drawing from the business.

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