Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1 cash withdraw for personal use / or ( household purposes ) . Dr Drawing Cr Cash 2 withdrew cash from his bank account for

1 cash withdraw for personal use/or (
household purposes).
Dr Drawing
Cr Cash
2withdrew cash from his bank account for his personal use.
Dr Drawings
Cr Bank
3Cash withdrawn for business purposes.
Dr Cash
Cr Bank
are thies three journals entry coorrect??
(Q2)journal page number or folio number short form is J.F (Yes or no)
Q3)Ledger page number or folio number:
short form is L.F.(yes or no)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting The Cornerstone Of Business Decision Making

Authors: Jay S Rich, Jeff Jones, Linda Ann Myers

5th Edition

0357132696, 978-0357132692

More Books

Students also viewed these Accounting questions

Question

please dont use chat gpt 6 9 4 .

Answered: 1 week ago

Question

What is our budget?

Answered: 1 week ago