kollipara sundaraiah (B.com) 28 February 2021
Amit Potadar (Consultant) 02 March 2021
Accounting is correct but 10 lakhs you show as drawings in books of account on 31/03/2021, to reverse that entry proprietor must have other source of income.
In case of assessment proprietor will be in trouble.
better not to reverse the entry on April 2021.