what will be the journal entry for.??
widraw cash of ₹300 from bank for personal use..
Answers
Answered by
2
Answer:
Explanation:
Drawing A/c Dr. 300
To Bank A/c. 300
[WITHDRAW CASH FROM BANK FOR PRSNL USE]
Answered by
0
Answer:
Explanation:
The entry is very simple. In case some partner/properietor withdraw some amount for personal use then it will be treated as Drawings. The entry will be
Drawings A/c Dr Rs.300.00
To bank A/c Rs.300.00
(being withdraw cash of ₹300 from bank for personal use..)
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