Accounting 0452 · IGCSE · Sole traders

Sole traders — practice question

Carl, a trader, withdrew goods from the business for his own personal use. The goods cost $100$, and $8$ carriage had been paid to have them delivered to the business. How should this be entered in Carl’s accounts in the books of the business?

  • Adebit Carl’s capital account $100$
  • Bdebit Carl’s capital account $108$
  • Cdebit Carl’s drawings account $100$
  • Ddebit Carl’s drawings account $108$

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