Accounting 0452 · IGCSE · Sole traders

Sole traders — practice question

Sahil removed goods from the business for personal use. The cost of these goods was $60 and their selling price was $100. Which entry was made in the drawings account to record this taking of goods?

  • A$60 credit
  • B$60 debit
  • C$100 credit
  • D$100 debit

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