Journal entry
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 January 2013
Drawing is Debit but credit is cash or capital. Give me brief example
08 January 2013
drawing is debit within capital a/c
drawing (Capital) Dr
To Cash & Bank
Whichever mode of withdrawl
it will reduce capital so drawing is under capital a/c.so that credit will reduce your cash and bank.
drawing (Capital) Dr
To Cash & Bank
Whichever mode of withdrawl
it will reduce capital so drawing is under capital a/c.so that credit will reduce your cash and bank.
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