Dear Sir, proprietor Has made some shopping via ATM Card from current account how to show the same in books.
please advise
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Shopping by proprietor
Replies (4)
Debit it to proprietor's capital account, as personal withdrawal. (assuming it is not for business purpose)
yes sir it's not for business purpose. Sir in Capital account needs to mention Shopping or mention personal withdrawal
Personal withdrawal for .....
Thank you Sir,
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