Journal entries for
Atharv Sankliya (1359 Points)
12 November 2021
journal entries for drawing of good at half of purchase pirce i.e[1000/2= 500] and other half is cash paid
4 Replies
Rama chary Rachakonda
(Master in Accounts & high court Advocate)
(8656 Points)
Replied 12 November 2021
debit drawings account with total amount ( cash + goods worth )
credit cash account
credit purchases account
CA. Sourav Sarkar
(Chartered Accountant )
(24588 Points)
Replied 12 November 2021
Cash a/c dr
to Capital a/c
to Capital a/c
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