Withdrew cash for personal use Rs 1500
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Explanation:
Drawings A/c- personal A/c
Cash A/c - real A/c
withdrawn for personal use means for individual so it is said that individual is receiver
and cash goes out from business so it is credited
As per Business Entity concept
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Answer:
Explanation:here the answer is
Dr Cr
Drawings a/c ....dr 1500
To cash a/c 1500
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