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Question
What is the journal entry for "drew cash for personal use"?
What is the journal entry for "drew cash for personal use"?
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Solution
The journal entry for ”drew cash for personal use” is given below:
Drawings a/c ————- Dr. xxxxx
To Cash a/c ———– Cr. xxxxx
The journal entry for ”drew cash for personal use” is given below:
Drawings a/c ————- Dr. xxxxx
To Cash a/c ———– Cr. xxxxx
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