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????
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Confusion
Replies (2)
PARTNER CAPITAL A/C 500
TO F.G. 500
Pertner capital dr
to withdrawal(f.g)
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