The drawings account of a sole proprietorship is transferred to the
A capital account
B debit side of the trading account
C credit side of the prfit and loss account
D current liabilities in the balance sheet
Answer is A
Tutors, Past Questions and Projects.
The drawings account of a sole proprietorship is transferred to the
A capital account
B debit side of the trading account
C credit side of the prfit and loss account
D current liabilities in the balance sheet
Answer is A
