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

Related Mcqs:

Discount received is a/an:

A. Asset B. Expense C. Liability D. Revenue...

Cash discount is provided on _______________?

A. Purchases B. Prompt payment C. Sales D. Sales return...

For the business, capital is ____________?

A. Expense B. Liability C. Assets D. All of them...

The assets which have some market value are called ____________?

A. Fixed asset B. Quick asset C. Fictitious assets D. Real assets...

The assets which come into existence upon the happening of a certain event are called__________?

A. Contingent assets B. Fixed assets C. Fictitious assets D. Quick assets...