A

Admin • 833.24K Points
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Q. Which account is used to record goods taken by the owner for personal use?

  • (A) Purchases A/c
  • (B) Sales A/c
  • (C) Drawings A/c
  • (D) Capital A/c
  • Correct Answer - Option(C)
  • Views: 22
  • Filed under category Accounting
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Explanation by: Admin

Goods taken by the owner are personal in nature and recorded under Drawings A/c.

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