Drawings entry
This query is : Resolved
10 May 2013
Dear Anyone,
Plz give me answer.
Our Company MD is Drawing the amount from the Daily business transactions.
Drawings comes under which account.
How to pass a entry in Tally.
Plz give me answer.
Our Company MD is Drawing the amount from the Daily business transactions.
Drawings comes under which account.
How to pass a entry in Tally.
10 May 2013
The entry to be passed is as follows:-
Personal Name of Director a/c Dr.
To Cash/Bank
this amount is to be treated as loan to director.
Personal Name of Director a/c Dr.
To Cash/Bank
this amount is to be treated as loan to director.
13 May 2013
Dear Sir,
Under Loan and Liabities(Assets)or Loans and Liabiliteis (Liabilities). I paid money as Drawings to MD and two other partners.
Under Loan and Liabities(Assets)or Loans and Liabiliteis (Liabilities). I paid money as Drawings to MD and two other partners.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Selecting Tax Regime while for calculating tax relief on under Section89 of income tax act 1961.
- Relief Calculation u/s 89 of ITax 1961 in TableA Form10E
- Cloud service
- Credit note Issue reg
- Applicability of RCM on Frieght Inward supplies received from un-registered person
- GST on Fresh Juice Center(Sugarcane)
- GST ON FOREIGN CLIENT
- Can we issue an invoice today
- SALE OF GOODS FROM OTHER STATE
- Running non ac bus under contract with roadways
- Expenses add back in profit
- Forgot to update debit note in gst
- B2B Amendment
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- Regarding Advance Tax not claimed in the Return of Income for A.Y. 2025-26
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
