Jamb Accounts - Principles of Accounts Questions
Question 539:
Fatima withdraws goods from the business for personal use. the accounting treatment is to debit?
- A Stock account and credit profit and loss account
- B Drawings account and credit stock account
- C Profit and loss account and credit drawing account
- D Stock account and credit drawings account
Question 540:
Fatima withdraws goods from the business for personal use. the accounting treatment is to debit?
- A Stock account and credit profit and loss account
- B Drawings account and credit stock account
- C Profit and loss account and credit drawing account
- D Stock account and credit drawings account