value of goods withdrawn by proprietor for personal use should be credited to_
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Answered by
10
Answer:
The goods taken by the proprietor for personal use, reduces the inventory of the business. Hence,it is placed on a temporary drawings account. It reduces the Owner's equity account.
Answered by
1
Explanation:
Explanation:The goods taken by the proprietor for personal use, reduces the inventory of the business. Hence,it is placed on a temporary drawings account. It reduces the Owner's equity account.
your answer= purchase a/c
value of goods withdrawn by proprietor for personal use should be credited to_answer=purchase a/c
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