Where a proprietor withdraws cash from bank for office use, the entries would be

Accounts - Principles of Accounts WAEC 1994

Where a proprietor withdraws cash from bank for office use, the entries would be

  • credit cash account, debit bank account
  • debit cash account, credit bank account checkmark
  • debit officer account, credit bank account
  • debit drawings account, credit bank account
  • debit bank account, credit drawings account

The correct answer is: B

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