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goods taken by the proprietor for domestic purpose of Rs.15000​
Journal entries
plz help me

Sagot :

Explanation:

Given:

Amount of goods taken by proprietor = Rs. 15,000

Find:

Journal entry

Computation:

                                Books of (.... ltd)

Journal entry

Particular                                                 Debit    Credit

Drawing                        A/c Dr             15,000

To Purchase                 A/c Cr                            15,000

(Being goods taken by proprietor for personal use)