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Which of the following journal entry correctly record the transaction: Goods taken by the owner for his personal use? a) Dr. Inventory account Cr. Purchases

Which of the following journal entry correctly record the transaction: Goods taken by the owner for his personal use? a) Dr. Inventory account Cr. Purchases account b) Dr. Drawings account Cr. Purchases account c) Dr. Sales account Cr. Drawings account d) Dr. Drawings account Cr. Sales account 1

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