a salon earn its revenue from hair cutting shaving etc so if the employee cut the owner hairs does ut will treat as drawing
means is there any concept of drawing in service sector
3 Replies
VISHAL JAIN
(Self Employeed)
(169 Points)
Replied 26 December 2021
Yes it is personal expenses of owner treat it as drawing
Tanuj Chandra Saxenaa
(Company Secretary)
(7075 Points)
Replied 27 December 2021
You can treat it and record in the books as a Drawings of a proprietor
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