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Entry of goods withdrawn by proprietor …

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Entry of goods withdrawn by proprietor for personal use?

Posted by Akash Shroff 7 years, 4 months ago

CBSE > Class 11 > Accountancy

7 answers

Lovely Dhawan 7 years, 4 months ago

Drawings a/c ...dr. To purchases a/c

Subham Roy 7 years, 4 months ago

Drawings A/C Dr To Stock

Mohammad Bilal 7 years, 4 months ago

Drawings A/c Dr. To Purchases A/c To Input IGST/CGST/SGST(If mentioned in question) (Being.....)

Sakshi Sharma ??️??️??️ 7 years, 4 months ago

Drawings A/c. Dr. To purchase A/c

Shivangi Rai 7 years, 4 months ago

Drawing a/c dr. To purchase a/c

Kapil Upadhyay 7 years, 4 months ago

Drawings a/c dr. To purchases a/c

Kiran Jot Toor 7 years, 4 months ago

Drawings a/c ....Dr To cash a/c

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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.

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