Purchase a fan for proprietor house journal entry

Open in App

Solution

Dear Student,
The journal entry will be :-

Date Particulars L.F Dr. Cr.

Drawings A/c Dr.
To Cash A/c
(Being fan purchased for personal use.)

Regards,

Suggest Corrections

Similar questions

Which of the following journal entry will be recorded, if goods are withdrawn by a proprietor for his personal use from business?

The correct journal entry for return of goods purchased from Mr. John on credit is:

Join BYJU'S Learning Program

Date	Particulars	L.F	Dr.	Cr.
	Drawings A/c Dr. To Cash A/c (Being fan purchased for personal use.)