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Journal entry for drawing

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(Querist)
22 December 2011 Respected All

Please tell how the journal entry will be passed in tally when goods are used by the proprietor for his personal use when accounts are maintained with inventory or without inventory.

Thanks in Advance
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CA. RAGHAV GARG

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CA. RAGHAV GARG (Expert)
23 December 2011 Dear Deepak,

You must pass a simple Purchase Return/Sale Entry with Capital accont as party name.

For further query contact at ca.raghavgarg@gmail.com

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