Financial and Management Accounting

1: When the proprietor withdraws or takes away some goods from the business for his personal use or consumption, he records the withdrawals at

A.	Selling price
B.	Cost price
C.	Selling price or cost price whichever is higher
D.	Selling price or cost price whichever is lower
	Answer : B Explanation : Write your comments here: Updating your Comments.. Updating your Comments.. Report Error
	Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here.

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