journalise withdraw cash from business for personal use rs 1000
Answers
Answered by
14
Answer:
Journal entry
Drawings A/c Dr 1000
To cash A/c 1000
(being withdraw cash for personal use )
Explanation:
Drawings A/c - personal account , where it receive cash therefore its debited
Cash A/c - real account , cash goes out therefore its credited
Answered by
5
Answer:
Drawings Account Dr. 1000
To Cash account 1000
( Being cash withdraw from business for personal use)
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