Question

Convert into General Entry.?
1. Withdraw cash from Bank for personal use.
2. Cash withdraw from Bank for personal use.
3. Recieved Commission through check.​

Answer 1

Answer:

1) By Drawings A/c. Dr.

To Bank A/c

2) By Drawings A/c. Dr.

To Bank A/c

3) By Bank A/c. Dr.

To Commission R.A/c

Explanation:

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Answer 2

Answer:

Explanation:

(1) DRAWINGS      A/C   DR  AMT

       TO BANK      A/C CR               AMT

(WITHDRAW CASH FROM BANK

FOR PERSONAL USE)

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(2) SAME AS ABOVE

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(3) BANK          A/C      DR

       TO COMMISSION RECEIVED A/C

( Recieved Commission through cheque)

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