Question

Withdrew Cash from bank for personal use rs 10,000(journal entry)

Answer 1

Explanation:

Drawing a/c debit

To cash /bank

Answer 2

Answer

Golden Rules of Journal

Personal account rule

Debit- The receiver.  

Credit- The giver.  

Real account rule

Debit- What comes in.  

Credit- What goes out.  

Nominal account rule.

Debit- All expenses and losses.  

Credit- All incomes and gains.  

Now

The journal entry will be :-

Drawing A/C    DR   ₹ 10,000

    To Cash A/C                     ₹ 10,000

(Being Withdrew Cash from bank for personal use ₹ 10,000 )