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Confusion

A/c entries 739 views 2 replies

A FIRM INCURS RS.100 FOR RAW MATERIAL /UNIT

COST OF FINISHED GOODS PRODUCED =RS.500/UNIT

THE OWNER WITHDRAWS ONE UNIT OF FG.

WHAT WILL BE THE ENTRIES IN THIS CASE????

 

Replies (2)

PARTNER CAPITAL A/C     500

   TO F.G.                                           500

Pertner capital dr

to withdrawal(f.g)


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