Accountancy, asked by janakisaikalyani2003, 4 months ago

What is the Journal entry for GOODS WITHDRAWN BY NARENDER​

Answers

Answered by Anonymous
3

Answer:

In accounting, assets such as Cash or Goods which are withdrawn from a business by the owner(s) for their personal use are termed as drawings. It is also called a withdrawal account. It reduces the total capital invested by the proprietor(s).

Explanation:

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Answered by PshychoISHU
2

Answer:

In accounting, assets such as Cash or Goods which are withdrawn from a business by the owner(s) for their personal use are termed as drawings. It is also called a withdrawal account. It reduces the total capital invested by the proprietor(s).

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