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 drawing account
D.
stock account and credit drawings account
Correct Answer: Option B
Explanation
No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn, please click here
Contributions ({{ comment_count }})
Please wait...
Modal title
Report
Block User
{{ feedback_modal_data.title }}