أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
An accounting record maintained to track money withdrawn from a business by its owners. A drawing account is used primarily for businesses that are sole proprietorships or partnerships.
Entry for drawing will be :
Drawings Account xxx Cash/Bank xxx
The Money withdrawn by the proprietor/partner from the business for his personal use.
Drawing A/c Dr
To Cash/Bank A/c
drawing is personal spend & hisentry in Profit and loss account debit site
Amount withdrawn by the owner from the business is called drawing and entry will be
capital a/c Dr
cash a/c CR
the amount withdrawn by owner out of capital is called drawings
