Question

cheque withdrawn for personal use
journal entry???
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Answer 1

Explanation:

Being cheque is drew for personal or private use.] IN above journal entry, Drawings is debit to business as it drew the amt for personal use and Drawings word is used for private use in accounts. Hence drawings debited and against which drawing is debited

Answer 2

Answer:

Drawings a/c(withdrawn for Personal use) , Bank a/c(withdrawn from bank on t).. In contention with the above rules... Drawings being an expense to us.. should be debited and since cash is Going out from bank , should be credited...