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Answer in One Sentence: What is Drawings? - Book Keeping and Accountancy

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Question

Answer in One Sentence:

What is Drawings?

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Solution

The amount of cash or value of goods, assets, etc. withdrawn from the business by the owner for personal use is known as Drawings.

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Chapter 1: Introduction to Book - Keeping and Accountancy - EXERCISE [Page 16]

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Balbharati Book Keeping and Accountancy [English] Standard 11 Maharashtra State Board
Chapter 1 Introduction to Book - Keeping and Accountancy
EXERCISE | Q 1. 4) | Page 16
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PROJECT WORK PROBLEMS | Q 7. | Page P-13
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