Accountancy, asked by sanjaysharma363638, 2 months ago

What is the Journal entry for GOODS WITHDRAWN BY NARENDER​

Answers

Answered by PshychoISHU
1

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In accounting, assets such as Cash or Goods which are withdrawn from a business by the owner(s) for their personal use are termed as drawings.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).

Answered by twinkle98562
1

Explanation:

In accounting, assets such as Cash or Goods which are withdrawn from a business by the owner(s) for their personal use are termed as drawings.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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