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Accounting for drawing

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1359 Points Posted on 11 June 2022
accounting treatment for a employees used for personal use for 6 month
does it is treated as drawing ?
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On 11 June 2022 at 13:30 Report
Replies (4)
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Aspiring CA
133 Points Posted on 11 June 2022
No one can prove whether used for personal use or business, claim as salary expenses.
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On 11 June 2022 at 13:36
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Chartered Accountant
5010 Points Posted on 11 June 2022

You can claim as salary expenses under business. 

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On 11 June 2022 at 14:23
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Profession Business
28207 Points Posted on 11 June 2022
No drawing
club it under office overhead.
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On 11 June 2022 at 17:29
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Chartered Accountant
86505 Points Posted on 11 June 2022
Show it as drawing if you want to show him for personal use
1 Reply
On 11 June 2022 at 18:13


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