Treatment on the Occasion of Fathers Day

Dr. Drawing A/c 

Cr. Bank a/c or cash A/c

Director's A/c Dr

To Cash/Bank A/c

Originally posted by : yogi kukreja
	Dr. Drawing A/c  Cr. Bank a/c or cash A/c

Drawings A/c in Company??

That too for Director( Is not necessarily Owner/Shareholder) ??

U r right mam sorry I don't seen complete question

No relationship exists in business entity concept.

Dr. Capital- equity

Cr. Drawings-equity

(Drawing amount is prepared)

There is a thing beyond it called reconciling

Dr. Drawing expense- equity 

Cr. Bank

These r the accounts which get involved during this transaction. The first entry doesn't disturb balance sheet equation and the next one talkies both of them