Which of the following accounts will be debited if the business’s owner withdraws cash from business for his personal use?
Correct answer A. Drawings
Tip: press A, B, C or D to answer, and N for the next question.
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See allWhich of the following will be debited if a business purchases goods on credit?
Correct answer D. Purchases
____ is the evidence that a transaction took place?
Correct answer A. Source documents
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Discount allowed is?
Correct answer A. Expense of business
Goods returned by customer should be debited to which of the following accounts?
Correct answer C. Return inward account
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