Which of the following statements is true about drawings account? (a) It is a representative personal account.

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Which of the following statements is true about drawings account?

(a) It is a representative personal account.

(b) It is a liability for business enterprise.

(c) It is an expense account.

(d) It is revenue for business.

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Financial Accounting

ISBN: 9780071078023

1st Edition

Authors: Dhanesh K. Khatri

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Question Posted: Dec 13, 2023 12:23 PM

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Which of the following statements is true about drawings account? (a) It is a representative personal account.

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a It is ...View the full answer

Financial Accounting

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