Categories
Popular Categories
More Categories
Explore More

Looking for specific topics or want to browse all categories?
All Categories
Quizzes
Leaderboard

Register

Question #73083

When owner withdraw cash for its private use, it is called ___________?

Options:

A) Profit

B) Income

C) Expense

D) Drawing

Answer: When owner withdraw cash for its private use, it is called Drawing.

Related Questions

In customer cost hierarchy, the costs of all activities incurred to sell group of units to end consumers are classified as ____________?
A journal entry in which two or more account is debited or credited is referred as____________?
While finalizing the current year‘s accounts, the company realized that an error was made in the calculation of closing stock of the previous year. In the previous year, closing stock was valued more by 50,000. As a result
An under allocated indirect cost is also called ____________?
A technique, which accumulates and tracks the costs of business function in value chain attributed to each market, offering from R&D to final customer support, is called __________?

Category

Browse More Accounting Questions

Test Your Knowledge

Want to practice more questions like this? Take a quiz in this category!

Take a Quiz

Share This Question