cash withdrawn from bank for personal use and fir business
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Cash withdrawn for personal use is considered as drawing so the entry will be
DrawingsA/C. ...Dr.
To Bank A/C
And for cash withdrawn from bank for business the entry will be
Cash A/C. ...Dr.
To Bank A/C
DrawingsA/C. ...Dr.
To Bank A/C
And for cash withdrawn from bank for business the entry will be
Cash A/C. ...Dr.
To Bank A/C
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