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Introduction to Book Keeping and Accountancy — Book Keeping & Accountancy STD 11 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 11 Commerce / ArtsBook Keeping & AccountancyIntroduction to Book Keeping and Accountancy2 Marks
Question
Drawings made by the businessman increase his capital.
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Answer

This statement is False.
Drawing means cash or goods withdrawn by the proprietor for his personal or family use. Drawings made by the businessman decreases his capital.

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