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What is drawing?

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What is drawing?

Posted by Shoaib Chaudhary 7 years, 6 months ago

CBSE > Class 11 > Accountancy

5 answers

Απjαli Pα®Ïhα® 7 years, 6 months ago

jab kisi personal use k lie business me se koi amount lia jae use drawing kehle h.... jese kisi businessman k ghar pe uski beti bimar Ho gai or usne apni beti k ilaj k lie apne business me se pese lie that is something called drawing

Prabhakar Rai 7 years, 6 months ago

When the business man withdraw cash or goods from capital for personal use then it is known as Drawing

Himanshu Shukla 7 years, 6 months ago

It is the amount with drawn or goods taken by the proprietor or partner for Paso

Dhuruv Singh 7 years, 6 months ago

Anything you are to business

Jatin Jindal 7 years, 6 months ago

Drawings means when we withdrew goods or cash from our business and used for personal use.

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Mohan is admitted as a partner for 1/5th share on the following terms: (a) He is to contribute 14,000 as his share of capital which includes his share of premium for goodwill. (b) Goodwill is valued at 2 years' purchase of the average profits of the last 4 years, which were 10,000; 9,000; 8,000 and 13,000 respectively. (c) Plant to be written down to 25,000 and patents written up by * 8,000. Prepare the Revaluation Account, Partners' Capital Account and the Balance Sheet of the new firm.

Posted by Arya Patel 6 months, 1 week ago

CBSE > Class 11 > Accountancy

0 answers

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CBSE > Class 11 > Accountancy

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CBSE > Class 11 > Accountancy

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