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  • Fundamentals of Accounting - 1
  • What is the classification of drawings A/c for cash withd...
Multiple choice

What is the classification of drawings A/c for cash withdrawn for personal use?

  1. Representative personal account

  2. Natural personal account

  3. Artificial personal account

  4. Real account

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Drawings a/c represent for the owner of the business, so it is the example of representative personal account.

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