Accountancy, asked by bikashkr333, 10 hours ago

17. A vehicle purchased by the business owner for his personal use, should be recorded in the business' Books of Accounts. (व्यवसाय के मालिक द्वारा अपने निजी उपयोग के लिए खरीदा गया वाहन, व्यवसाय की पुस्तकों में दर्ज किया जाना चाहिए।) Oa. True O b. False​

Answers

Answered by bharatihrishant
1

Answer:

a. True

Explanation:

Whenever the owner of the business withdraws money for his personal use it must be recorded in the books of accounts as Drawings(which means withdrawing money from the business for self-vested purposes).

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