A

Admin • 802.91K Points
Coach

Q. Goods withdrawn by proprietor for personal use is recorded in:

  • (A) Capital A/c
  • (B) Purchases A/c
  • (C) Drawings A/c
  • (D) Cash A/c
  • Correct Answer - Option(C)
  • Views: 3
  • Filed under category Accounting
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Explanation by: Admin
Goods withdrawn by owner is a personal transaction and is recorded in Drawings A/c.

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