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What will be the journal entry of drawings made by a retiring partner before retirement?
Most Upvoted Answer
What will be the journal entry of drawings made by a retiring partner ...
Drawing A/c.                            Dr.            xxx
     To Cash A/c.                                                         xxx
Retiring Partner's Capital A/c. Dr.            xxx

     To Drawing A/c.                                                     xxx

Community Answer
What will be the journal entry of drawings made by a retiring partner ...
Retiring partner capital ac. dr
TO cash
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What will be the journal entry of drawings made by a retiring partner before retirement?
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What will be the journal entry of drawings made by a retiring partner before retirement? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about What will be the journal entry of drawings made by a retiring partner before retirement? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What will be the journal entry of drawings made by a retiring partner before retirement?.
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