請問Drawings是否 Dr. Profit and Loss a/c ?

(溫緊書路過...見咁荀就答啦...)

個case話，boss自己d私伙支出用左公司錢比，入埋落sundry expenses。
有2個condition，兩個的做法都唔同:
1)做左P&L and miss左個drawing的entries(即連埋個drawing入sundry expenses)
甘就要:
Dr Drawing
Cr P&L-Sundry expenses
(如果個accountant未做drawing account)(甘但係做左P&L就唔會入錯啦)

2)做P&L之前發現。
Dr Drawing
Cr Sundry expenses
(仲易...)

如果係sole proprietorship就只係郁個balance sheet就得(即係capital less drawing o個個位)(記得係...)

In practice, the closing of books doesn't imply that the balances in the accounts are all debited/credited to the Profit and Loss Account/Balance Sheet. This is only the knowledge given in textbook. We seldom put entries in the Profit and Loss Account except prior year adjustments etc. and is normally not going to be used for accounts adjustments so called after closing the books.

There may be a wrong conception about Profit and Loss Account. Profit and Loss account may means the account itself in the ledger or it can be a statement showing the Income/Expenses and thus Profit/Loss for the period/Year which we now usually call it Income Statement to differentiate the interpretation.

The boss's personal expense should therefore be debited to Drawings Account (Current Account) and credited to Sundry Expenses Account. The ending balances in each account will then be accuractly recorded in the ledger. It is only a matter of redrafting the Profit and Loss Account (Income Statement). Remember, It is not a normal practice to debit the profit and loss account direct for normal account adjustments.