Drawings entry
This query is : Resolved
Gajjala Satheesh
(Querist)
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.
CA. RICHI SAXENA
(Expert)
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.
Gajjala Satheesh
(Querist)
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.
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