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How to treat Drawings A/C when …

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How to treat Drawings A/C when given inside the Trial balance???

    • Posted by Veronica Vidhya Shree 6 years, 11 months ago

    CBSE > Class 11 > Accountancy
    • 3 answers

    Sakshi Sharma??️??️ 6 years, 11 months ago

    Only deducted from capital as it is given inside the trial balance and is already adjusted.

    1Thank You

    Harsh Gulia 6 years, 11 months ago

    It is shown on the cr. side of P&L Account. At the same time ,it is an expense from the proprietor's view and hence will be deducted from the capital on the liability side of the balance side. Ok dear????

    0Thank You

    Abhik Khare 6 years, 11 months ago

    Deducted from Capital.

    1Thank You

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