Question
Qistina runs a boutique as a role proprietorship business. In the current year, she has withdrawn RM1,200 from the business' bank account to pay for
Qistina runs a boutique as a role proprietorship business. In the current year, she has withdrawn
RM1,200 from the business' bank account to pay for her husband's personal travelling expenses.
The amount was charged against the business profit.
Required: Decide the accounting concept being violated by Qistina with explanation
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Advanced Accounting
Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith
11th Edition
978-0132568968, 9780132568968
