Drawings by owner of business are generally recorded on which of the following side of a cash book?

Question

Drawings by owner of business are generally recorded on which of the following side of a cash book?

Receipts
Payments
Incomes
Expenditures

LohaHridoy

4 views

2025-01-04 04:42

1 Answers

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AhmedNazir · Accepted Answer · 2022-09-01T13:21:41+06:00

AhmedNazir

Answer: Option 2

Drawings by owner of business are generally recorded on Payments side of a cash book. Drawings are money or assets that are withdrawn from a company by its owners for personal use.

4 views Answered 2022-09-01 13:21