Where a proprietor withdraws stock for personal consumpti...
Where a proprietor withdraws stock for personal consumption, the accounting entries to record the transaction are
debit drawings account, credit purchases account
debit purchases account, credit sales account
debit sales avvount, credit drawings account
debit drawings account, credit sales account
Correct answer is A
No explanation has been provided for this answer.
\(\begin{array}{c|c} & & ₦\\ \hline \text{Raw materials} & \text{stock 1/1/2000} &...
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