journal entry for singh took goods for personal use
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journal entry you should analyse the nature of the transactions taking place.
Whenever proprietor brings anything into the business it is termed as Capital and when he withdraws anything from business for personal use is known as Drawings.
Drawings can be in form of Cash or Goods basically. Cash withdrawn can be either from Cash in Hand or from Bank.
Coming to your question, the journal entry for goods withdrawn for personal use is
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I hope you understand......☺
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