the owner of a business said his private telephone bill from the business bank account amount was debited to his drawing account which concept was applied
sandilya60:
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refer to April 24 entry for explanation.
hope it will help you.
hope it will help you.
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drawing a/c. dr.
to bank a/c
(withdraw cash for private use)
it is journal entry of this questions
to bank a/c
(withdraw cash for private use)
it is journal entry of this questions
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