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Question 119Asked in DSSSB TGT Computer Science, 24 Jun 2023, Shift 3 (4:30 PM)

Any account or goods used by the owner of the business for his personal use is called as:

  1. Asales
  2. Bdrawings
  3. Cgeneral expenses
  4. Dexpenses
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Correct answer: (B) drawings

Explanation

Cash or goods withdrawn by the owner for personal use are called drawings. They reduce the owner's capital.

From DSSSB TGT Computer Science PYQ, 24 Jun 2023, Shift 3 (4:30 PM)

This is question 119 of DSSSB TGT Computer Science PYQ, 24 Jun 2023, Shift 3 (4:30 PM). See all questions of this paper with answers, or attempt the paper as a timed online test to get your score and all-India rank.