Hello,
I am working in a propritory firm.
Our owner has invested some amount in share market.
Can he make the payment from company account?
How to enter this in tally? is this drawing?
Thanks
Meghana
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Propritors drawings
Replies (2)
if it is treated as drawings,
Proprietors capital A/c Dr
to cash /Bank
IF it is treated as Investment
Investment Dr
To bank/Cash
i think as it is proprietory concern .there would not be any problem in passing any of the entry
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