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Q. |
Withdrawal of goods from stock by the owner of the business for personal use should be recorded by |
A. | Debiting Stock Account and crediting Capital Account |
B. | Debiting Capital Account and crediting Drawings Account |
C. | Debiting Drawings Account and Crediting Stock Account |
D. | Debiting Stock Account and Crediting Drawings Account |
Answer» C. Debiting Drawings Account and Crediting Stock Account |
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