Capital withdrawal

Dear Sir,

we are just started a news business and we are three partners in the company. all partners are capitalized the same amount as a investment. and one partner is withdrawal some amount from his capital fund. then how we can book it in tally. please expedite with the journal voucher. 

Replies (9)
Partner's Capital account Dr. To Bank account
Partner's Capital account Dr. To Bank account

sir but we paid by cash

 

So credit cash account.. easy..

Yes Sir, that is the journal entry. but i have some doubts. when we are entry in tally in journal voucher, there cash entry is possible??

You'll use payment voucher not journal voucher.

thank you sir. thanks for your advice

 

You're welcome .
Partner's capital a/c.... Dr
To cash a/c

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details