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Goods taken by the proprietor for domestic purpose of Rs.15000​ Journal entries plz help me
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Goods taken by the proprietor for domestic purpose of Rs.15000​

Journal entries
plz help me

User Lindsay Landry
by
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1 Answer

3 votes

Step-by-step explanation:

Given:

Amount of goods taken by proprietor = Rs. 15,000

Find:

Journal entry

Computation:

Books of (.... ltd)

Journal entry

Particular Debit Credit

Drawing A/c Dr 15,000

To Purchase A/c Cr 15,000

(Being goods taken by proprietor for personal use)

User Blackkara
by
4.4k points
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