Goods worth Rs. 100 taken by proprietor for domestic use should be credited to 
  • a)
    Sales account
  • b)
    Proprietor’s personal expenses
  • c)
    Purchases account 
  • d)
    Expenses account 
Correct answer is option 'C'. Can you explain this answer?

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This discussion on Goods worth Rs. 100 taken by proprietor for domestic use should be credited toa)Sales accountb)Proprietor’s personal expensesc)Purchases accountd)Expenses accountCorrect answer is option 'C'. Can you explain this answer? is done on EduRev Study Group by CA Foundation Students. The Questions and Answers of Goods worth Rs. 100 taken by proprietor for domestic use should be credited toa)Sales accountb)Proprietor’s personal expensesc)Purchases accountd)Expenses accountCorrect answer is option 'C'. Can you explain this answer? are solved by group of students and teacher of CA Foundation, which is also the largest student community of CA Foundation. If the answer is not available please wait for a while and a community member will probably answer this soon. You can study other questions, MCQs, videos and tests for CA Foundation on EduRev and even discuss your questions like Goods worth Rs. 100 taken by proprietor for domestic use should be credited toa)Sales accountb)Proprietor’s personal expensesc)Purchases accountd)Expenses accountCorrect answer is option 'C'. Can you explain this answer? over here on EduRev! Apart from being the largest CA Foundation community, EduRev has the largest solved Question bank for CA Foundation.
This discussion on Goods worth Rs. 100 taken by proprietor for domestic use should be credited toa)Sales accountb)Proprietor’s personal expensesc)Purchases accountd)Expenses accountCorrect answer is option 'C'. Can you explain this answer? is done on EduRev Study Group by CA Foundation Students. The Questions and Answers of Goods worth Rs. 100 taken by proprietor for domestic use should be credited toa)Sales accountb)Proprietor’s personal expensesc)Purchases accountd)Expenses accountCorrect answer is option 'C'. Can you explain this answer? are solved by group of students and teacher of CA Foundation, which is also the largest student community of CA Foundation. If the answer is not available please wait for a while and a community member will probably answer this soon. You can study other questions, MCQs, videos and tests for CA Foundation on EduRev and even discuss your questions like Goods worth Rs. 100 taken by proprietor for domestic use should be credited toa)Sales accountb)Proprietor’s personal expensesc)Purchases accountd)Expenses accountCorrect answer is option 'C'. Can you explain this answer? over here on EduRev! Apart from being the largest CA Foundation community, EduRev has the largest solved Question bank for CA Foundation.