Withdrawals by proprietor would

Related MCQs

• _________ liabilities represent proprietor’s equity, i.e. all thoseamount which are entitled to the proprietor
• According to which concept, proprietor of a business is treated as a creditors to the extent of his capital
• The premium paid on the life policy of the proprietor is debited to
• Income tax paid for the proprietor from the business is
• ` 1,250 paid for the residential telephone bill of the proprietor which of these accounts will be detailed
• Goods taken by the proprietor for personal is shown as a deduction from_____________
• Value of goods withdrawn by the proprietor for his personal use should be credited to ____.
• Income tax paid by a sole proprietor from his business income should be:
• Which of the following would not appear in a limited company’s appropriation a/c
• Which of the following would not appear in a limited company’s surplus/Deficit statement