Question 5

Fatima withdraws goods from the business for personal use. The accounting treatment is to debit

  • A.stock account and credit profit and loss account
  • B.drawings account and credit stock account
  • C.Profit and loss account and credit drawings account
  • D.Stock account and credit drawings account
Objective

Question details

Exam body
UI
Subject
Financial Accounting
Year
2018/2019
Question no.
#5
Type
Objective

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