by: Admin_LouisPosted on: The owner wishes to maintain an amount equal to 1/3 of capital as drawings. The cash book closing balance will be The owner wishes to maintain an amount equal to 1/3 of capital as drawings.The cash book closing balance will beA N900B N2,400C N4,200D N4,600Answer is B Share this:TwitterFacebookLike this:Like Loading... Related posts:The rule of accounting equation requires that account payable should be placed under?The balancing figure in the purchases ledger control account is?What is the figure for purchases?A rapidly growing business organization with multiple units that is interested in comparing the performances and weaknesses of each unit should adopt?