Debit Account for Goods Worth 3000 Withdrawn for Personal Use

Introduction
In accounting, every financial transaction must be recorded in a systematic and organized manner. This includes debiting and crediting the appropriate accounts. When goods are withdrawn for personal use, it is important to determine which account should be debited.

Debiting the Drawings Account
One option is to debit the Drawings account. The Drawings account is a temporary equity account that is used to record withdrawals of assets by the owner for personal use. When goods are withdrawn for personal use, they are essentially being taken out of the business by the owner. Therefore, debiting the Drawings account is an appropriate choice.

Debiting the Owner's Capital Account
Another option is to debit the Owner's Capital account. This account represents the owner's investment in the business and is a permanent equity account. When goods are withdrawn for personal use, the owner's investment in the business is reduced. Therefore, debiting the Owner's Capital account is also an appropriate choice.

Conclusion
In conclusion, when goods are withdrawn for personal use, either the Drawings account or the Owner's Capital account can be debited. The choice will depend on the specific circumstances of the business and the preference of the accountant or business owner.

Drawing a/c Dr. 3000