$1000 withdraw by owner of business for personal use. what will be debited?
A. Capital
B. Drawing
C. Cash
D. All above

Question

Deleted user · Answer

When owner withdraw any thing from business for personal use then Drawing will be debited.

Haidar Alali · Answer

The answer is option B. Drawings will be Debited.

Shahbaz Hayder · Answer

Option B is the right answer.

Tranquilino Jr Rivera · Answer

Answer is B. Withdrawal or Drawing Account.

Wasim khan wazir · Answer

Drawing should be debited. Option B is correct one

Naveed Sajjad · Answer

The option b is the answer. The amount should be recorded as drawing.

lakshminarasimham mallareddi · Answer

Correct Answer is B.Drawing A/c will be debited as $1000 withdraw by owner of business for personal use.