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What is journal entry of 1. …

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What is journal entry of 1. Interest on drawings 2. Income tax paid
  • 3 answers

Sakshi Sharma ??️??️??️ 7 years, 8 months ago

1) DRAWINGS A/C. DR. TO INTEREST ON DRAWINGS A/C 2) DRAWINGS A/C. DR. TO CASH A/C

Shashi Ramachandran 7 years, 8 months ago

Capital A/c     Dr.

   To Interest on Drawing

Drawing A/c    Dr. 

    To Cash A/c

Shashi Ramachandran 7 years, 8 months ago

Capital A/c        Dr. 

   To Interest on Drawing 

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