NABTEB Accounting 2025 Objective — Question 40
Question 40 of 60 from the National Business and Technical Examinations Board (NABTEB) Accounting 2025 Objective paper, with the correct answer and a full explanation.
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Drawings recorded in the books shall appear on the debit side of the trial balance and be deducted from the owner's
- A. assets
- B. capitalCorrect
- C. profit
Explanation
Drawings reduce the owner's capital and are deducted from the capital account.
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