Accountancy, asked by thezvezda1104, 5 hours ago

Goods taken for personal purpose. These goods were purchased from Raj.

Journalise the above transaction and post it to Ledger.

Answers

Answered by cedriclrae
2

Answer:Goods taken by a proprietor for personal use are deducted from Capital at the Liabilities side in the balance sheet. Goods taken by a proprietor for personal use are treated as Drawings.

Explanation:

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