Question

Journal entry of rent of the residence of the proprietor paid from his own pocket rs.16000​

Answer 1

this journal entry will not take place in business because it is proprietor personal rent and not withdraw from business

as. business have it own separate legal entity from business

Answer 2

Answer:Drawings A/C____Dr 15000

To Cash A/C. 15000

Explanation: proprietor withdrawn for his personal use...and its called Drawings. Hence he withdrew cash therefore Cash A/C