Accountancy, asked by chintujindal4331, 1 year ago

Spent for personal use cash book entry

Answers

Answered by Anonymous
3
DRAWING AC DR
TO CASH AC..

HOPE HELPING 4 U....
Answered by YogeshGandhi2002
3
There is no personal expenditure in cashbook or in business. Affcourse a person use the cash or the goods from the business for his personal/domestic use. All the personal expenses are treated as drawings in cashbook

If a person spent cash from his business for personal use then the entry will be credited in cashbook. i.e by drawings a/c
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