Journal Entry For Goods Withdrawn For Office And Personal Use
Goods Withdrawn For Office Use Journal Entry / Goods Used For office Use Journal Entry When the goods or merchandise withdrawn by sole owners from business for office use or business use, then this Transaction is related with business matters as the goods withdrew for business use or office use of the business. For example, Mr. A, a sole proprietor, withdrew goods worth Rs. 5000 for office use. Then the entry to record is given below: Purchases a/c 5000 ...