This discussion clarifies the journal entry for goods withdrawn for office use. Unlike personal drawings, goods taken for office purposes are treated as an expense. The correct entry debits the relevant expense account (e.g., Administration, Office Expenses, Repairs & Maintenance) and credits the Inventory or Stock account to reflect the reduction in stock.
Sorry boss... it's not required to me... Also not applicable to my whole life. Bcoz, nobody educate me as above. Bcoz, they** also not educated as above..
They means my teachers, lecturers, seniors, boss, friends, colleagues and others who is directly or indirectly to Touch as accounting peoples...
Look! Your English understanding is low. Your playing a drama or what. Your just tally ca with taxation and audit. Just answer here and don't argue with peers