Maharashtra State BoardHSC Arts 11th
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Write one word/term or phrase which can substitute the following statement. Name of the account which is debited when proprietor uses business money for personal use. - Book Keeping and Accountancy

One Word Answer

Write one word/term or phrase which can substitute the following statement.

Name of the account which is debited when proprietor uses business money for personal use.

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Solution

Name of the account which is debited when proprietor uses business money for personal use.  - Drawings A/C

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APPEARS IN

Balbharati Book-keeping and Accountancy 11th Standard HSC Maharashtra State Board
Chapter 2 Meaning and Fundamentals of Double Entry Book-Keeping
Exercise Q.2 | Q 3 | Page 39
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