Accountancy, asked by tiwarikamini2743, 1 year ago

Purchase funiture Rs 10000 and computer Rs 20000 in cash for office use

Answers

Answered by TheSpy
0
Record a cash withdrawal. Credit or decrease the cash account, and debit or increase the drawing account. The cash account is listed in the assets section of the balance sheet. For example, if you withdraw $5,000 from your sole proprietorship, credit cash and debit the drawing account by $5,000.
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