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Proprietor of the business withdrew good...

Proprietor of the business withdrew goods from business for private use. It will be posted to the :
Option1 Credit of Drawings A/c
Option2 Debit of Purchases A/c
Option3 Credit of Purchases A/c
Option4 None of the above

A

Credit of Drawings A/c

B

Debit of Purchases A/c

C

Credit of Purchases A/c

D

None of the above

Text Solution

Verified by Experts

The correct Answer is:
C
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