Accountancy, asked by ishanivalkar2002, 3 months ago

4. Cash withdrawn from business for personal use is recorded as drawings is based on ______concept.

Going Concern

Entity

Money Measurement

Accounting Period​

Answers

Answered by gocommerce
1

Answer:

entity

Explanation:

full name separate leagl entity... it states that personal expenses should not be charged to business. it should be treated as drawings and deducted from proprietar capital.

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