Mr A an electronic goods dealer, gifted a TV of value of Rs. 25000 to his friend. It will be recorded in
books as
a. Drawings
b. Capital
c. Sales
d. Expenses
Answers
Answered by
2
Answer:
expenses
Explanation:
it is expense for Mr A.
Answered by
0
Option A is correct i.e. Drawings.
Mr A an electronic goods dealer gifted a TV valur pof rupees 25,000 to his friend. It will be recorded in books as drawing .
Drawing is the amount withdrawn by any partner or any worker from the organisation for its personal use.
Drawing is not done for business purpose.
Drawing is done with its personal use and not for office use,
As he is gifting something to is friend so it will be recorded in drawing account.
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