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Goods withdraw for office use

01 August 2023

What is the Journal entry for goods withdrawn for office use if it is used for personal use then it is drawings but for office use what is the entry?

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32 Replies

sabyasachi mukherjee (27603 Points)
Replied 02 August 2023

This is not a training forum but in order to enhance your knowledge. It's a drawing.

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RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 02 August 2023

@ nagabhusan,

What goods...???
Office Use means...???

Ask Your query with details...

CA. Sourav Sarkar (Chartered Accountant ) (24583 Points)
Replied 02 August 2023

If it is withdrawn for personal use then it will be Drawings

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RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 02 August 2023

Read again the query Mr CA Sourav Sarkar...

Don't be rush, Relax then give correct reply.

Going good, Keep it Up...

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CA. Sourav Sarkar (Chartered Accountant ) (24583 Points)
Replied 02 August 2023

I have read the query as the question in not clear it is asking for office use that's why I told that if it is for personal use then it should be Drawings

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RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 02 August 2023

No, Not satisfied.

CA. Sourav Sarkar (Chartered Accountant ) (24583 Points)
Replied 02 August 2023

For journal entry

Drawings A/c dr
to Purchase or Goods from office A/c

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 02 August 2023

Once again its blender reply...
it's not a personal...

Bcoz, querist not wrote personal...
He wrote OFFICE USE. It's also mean to business purpose.
The office may be Proprietorship, Partnership, Company and any other format...
So, Here the office means not personal....

May be the goods converted to FA, or Maintenance or Others...

So and So I/we don't take the office means personal...

1 Like