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SEMESTER 2020-2021 Cash taken by the proprietor for personal use is shown as a deduction from O a. Capital b. Current assets O c. Revenues
SEMESTER 2020-2021 Cash taken by the proprietor for personal use is shown as a deduction from O a. Capital b. Current assets O c. Revenues O d. None of the given options Chapter 1 - Intr Account pter 1 Jump to... Mr. Ahmed started a business one year ago, he invested OMR 30,000 in his business. At the end of the accounting period the business generated profit of OMR 3,000 and Mr. Ahmed withdrawn OMR 500 to purchase a laptop to his son. What will be Mr. Ahmed capital at the end of year? O a OMR 33,000 -n O b. OMR 32,500 O c. OMR 30,000 O d. OMR 29,500 Next page Chapter 1 - Introduction to Accounting Chapter 1 Jump to.. d
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