Drawings

ASHOK KUMAR (MANAGER ACCOUNTS) (187 Points)

06 June 2019

in proprietor firm how much can show as self drawnings in books in a month or yearly

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4 Replies

Kunal Mittal (FINANCE OFFICER) (580 Points)
Replied 06 June 2019

There is no cap on that. You can withdraw as much as you want. It's your 💰. Enjoy.

Prakash Gehani (Consultant & Teacher(Whatsapp 8718057907)) (1306 Points)
Replied 06 June 2019

There is no such limit, however if will increase debt equity ratio.

Giridhar S Karandikar (Team Lead) (7553 Points)
Replied 06 June 2019

you shud analyse how much monthly expenses are incurred per month. accordingly you can show per month as drawings

ASHOK KUMAR (MANAGER ACCOUNTS) (187 Points)
Replied 06 June 2019

Thanks to all

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