A

Admin • 833.24K Points
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Q. Drawings by the owner reduce the:

  • (A) Assets
  • (B) Expenses
  • (C) Liabilities
  • (D) Capital
  • Correct Answer - Option(D)
  • Views: 24
  • Filed under category Accounting
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Explanation by: Admin

Drawings reduce the owner's capital in the business.

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