Hy
proprietor withdraw some amount every month from business. is it good for business..
Business is profitable throughout year ??
Apart from equity = assets - liabilities there is nothing imortant. I think there are company laws that directors can draw accordingly.
Apart from equity = assets - liabilities there is nothing imortant. I think there are company laws that directors can draw accordingly. But
Dr. Drawings
Cr. Bank both always tally. And capital account is reconciled with bank.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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