Home
Class 11
ACCOUNTS
Which of the following will be treated a...

Which of the following will be treated as drawings :

A

Withdrawing money for payment of salary to employees

B

Withdrawing money for payment to creditors

C

Withdrawing from business for private expenses

D

Withdrawing money for purchase of asset

Text Solution

Verified by Experts

The correct Answer is:
C
Promotional Banner

Topper's Solved these Questions

  • BASIC ACCOUNTING TERMS

    DK GOEL|Exercise HIGHER ORDER THINKING SKILLS (HOTS) QUESTIONS|7 Videos
  • BASIC ACCOUNTING TERMS

    DK GOEL|Exercise OBJECTIVE TYPE QUESTIONS|2 Videos
  • BANK RECONCILIATIONS STATEMENTS

    DK GOEL|Exercise HIGHER ORDER THINKING SKILLS (HOTS) QUESTIONS|5 Videos
  • BOOKS OF ORIGINAL ENTRY - SPECIAL PURPOSE SUBSIDIARY BOOKS

    DK GOEL|Exercise ADDITIONAL QUESTIONS|6 Videos