Cash transaction by proprietor

Hai,

Please Note,

Just Debit -Drawings

amount he withdrawn through ATM.

Thanks

Hi my concern is different..  is it affecting Audit process?

Dear Buxi,

While auditing if Drawings is more than previous year. auditor will question?

even though, it is proprietor concern. Just debit the drawings and go ahead.

But take care,

Because, Drawings will come under Capital A/c.

So, Debit Side should not be more than credit side

Debit Side-Drawings A/c

Credit Side-Capital A/c.

Hope you will understand.