Journal entries for
Atharv Sankliya (1354 Points)
12 November 2021
journal entries for drawing of good at half of purchase pirce i.e[1000/2= 500] and other half is cash paid
4 Replies
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(5197 Points)
Replied 12 November 2021
debit drawings account with total amount ( cash + goods worth )
credit cash account
credit purchases account
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 12 November 2021
Cash a/c dr
to Capital a/c
to Capital a/c
Recent Topics
- Expire stock
- INCOME TAX AY 25-26
- Experienced CA firm for accounting & auditing
- Regarding Perquisite Tax on ESOP - Unlisted Compan
- Casual Taxable Person under GST
- Extended Date of GSTR-1 for the month of July 2020
- NRO Interest - Taxed at source and in Foreign Coun
- Clarity needed on effective date
- Income Tax Refund Deadline Shortened to Five Years
- Rectification Applications for Past GST Demands
Related Threads
CAclubindia
