Question

Goods taken by Kunal for his private use * 2,000.
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Answer 1

Answer:

DRAWINGS A/C. DR. 2000. ---

TO PURCHASE A/C ---. 2000

Answer 2

Answer:

Journal entry

Drawings A/c   Dr   2000

        To purchases A/c            2000

(being goods taken by kural for private use)

Explanation:

Drawings A/c - personal account , kunal is receiver of goods therefore its debited

purchases A/c - nominal account , its gain to the company therefore its credited