Question

proprietor withdrew from office cash for his personal use double column entry ​

Answer 1

Answer:

Following journal entry will be passed when a proprietor withdraws cash fron business for personal use.

Drawing a/c Dr. ₹ XXXX

To cash a/c ₹ XXXX.

(Being cash withdrawal from business for personal use)

This entry is bases on …

Personal a/c Dr.

To Real a/c

And, upon year end,the Drawing a/c will be closed by passing the following entry..

Proprietor’s capital a/c Dr. ₹ XXXX

To Drawing a/c ₹ XXXX

(Being drawing a/c closed by transferring to capital a/c)

Answer 2

Answer:

sorry nahi aata .............