cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Have a question you would like to ask our community of experts and fellow QuickBooks Accountants and SMB's? Post a question here
accounts258
Level 1

What is the journal entry for drawings from bank by partner

 
1 Comment 1
svaishnavi
Moderator

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.