Accountancy, asked by rishimk429, 7 months ago

withdrew cash for office use journal entry

Answers

Answered by waystostudy7
1

Answer:

Please type clearly....

Answered by ry6509156
3
Drawings are the amounts taken by the owner of a business for his personal use in anticipation of profit. Drawings are usually made in the form of cash, but there could be other assets or goods withdrawn by the owner for his personal use.
Journal Entry will be:-
Drawing A/c Dr.
To Bank A/c.



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