Drawings A/C

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Drawings A/C

Bluewednesday
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#11

01-12-2005, 02:29 AM

The reasons I stated before still stand. This is the bottom half of a balance sheet;

Financed by-
CAPITAL ACCOUNT
Balance brought forward 23,362
Capital introduced -
Net profit for the year 34,938
58,300
Less drawings (26,909)
31,391

The 31,391 figure agrees to the net assets. If a drawings account is not used this figure is more difficult to obtain, although I understand that it is just reducing capital. Next year capital b/f would be 31,391 as drawings is netted off it.

Annette

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Drawings A/C - by Shahid_fss - 01-09-2005, 03:19 AM

[No subject] - by Azeem Shah Khan - 01-09-2005, 04:12 AM

[No subject] - by maani - 01-09-2005, 10:59 PM

[No subject] - by Mr. Whappaaaa - 01-09-2005, 11:24 PM

[No subject] - by Apocalypse - 01-10-2005, 03:59 AM

[No subject] - by Azeem Shah Khan - 01-10-2005, 04:41 AM

[No subject] - by maani - 01-11-2005, 06:00 AM

[No subject] - by Bluewednesday - 01-11-2005, 07:38 PM

[No subject] - by Shahid_fss - 01-12-2005, 12:57 AM

[No subject] - by Shahid_fss - 01-12-2005, 01:07 AM

[No subject] - by Bluewednesday - 01-12-2005, 02:29 AM

[No subject] - by Shahid_fss - 01-12-2005, 04:10 AM

[No subject] - by Bluewednesday - 01-12-2005, 06:53 AM

[No subject] - by maani - 01-13-2005, 07:30 PM

[No subject] - by Bluewednesday - 01-13-2005, 07:51 PM