When a proprietor withdraws cash from the business for pr...
When a proprietor withdraws cash from the business for private use, he
Debits cash account and credits drawings account
Credits cash account and debits bank account
Debits bank account and credits drawings account
Credits cash account and debits drawings account
Correct answer is D
No explanation has been provided for this answer.
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\(\begin{array}{c|c} & N \\ \hline \text{Sales} & 14,600 \\ \text{Purchases} & 5,500 \\ ...
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