Fatima withdraws goods from the business for personal use. the accounting treatment is to debit?

Fatima withdraws goods from the business for personal use. the accounting treatment is to debit?
  • A.
    stock account and credit profit and loss account
  • B.
    drawings account and credit stock account
  • C.
    profit and loss account and credit drawing account
  • D.
    stock account and credit drawings account
Correct Answer: Option B
Explanation
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