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accounts258
Level 1
posted
‎March 20, 2020 04:28 AM
last updated ‎October 05, 2020 7:40 PM

What is the journal entry for drawings from bank by partner

 
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1 Comment 1
svaishnavi
Moderator
Moderator
‎March 22, 2020 09:24 PM

What is the journal entry for drawings from bank by partner

Hello,

Welcome to QuickBooks Community.

 

You can debit the partner's capital account and credit the firm's bank account.

 

Also, please run this by your CA first. 

 

I hope this helps. 

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