The claim of a proprietor of a business entity on its ass...
The claim of a proprietor of a business entity on its assets is................
Liabilities
Capital
Drawings
Funds
Correct answer is C
Drawings is the money withdrawn from a business by its owners for personal use. A drawing account is used primarily for businesses that are taxed as sole proprietorships or partnerships.
Nwoye buys stock and pays by cheque. The entries in the books of Nwoye is Debit ...
A charitable club has the following figures: N Subscriptions received in 1991 2 800 Subscr...
Which of the following would result from an increase in the provision for doubtful debts? ...
A chain store is known as? ...
Quick ratio is calculated as X-Y:Z, where ...
\(\begin{array}{c|c} & Baba & Tude\\ & N & N \\ \hline \text{Capital Accounts 1 Janu...