Accountancy, asked by parijohal, 11 months ago

What will be entry of cash sale to ram


parijohal: Entry for pay telephone bill
parijohal: Entry for owner withdraw cash from business for personal use

Answers

Answered by wwevikash
4
Cash A/c Dr.
To sales A/c
(being money recieved for sales)

#i hope this helps.

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Answered by VinnyJ
1

1. Cash a/c Dr.
To Sales Cr.

2. Drawings a/c Dr.
To Cash a/c Cr.

3.Drawings a/c dr.
To cash a/c Cr.

Anything done for personal use is drawings as per the concept of business entity)

#thanks
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