Purchased cloth of ₹ 2,720 from Anand Stores for personal use and paid ₹ 2,700 by cheque. In this transaction, by which amount Drawings account is debited ?
A. ₹ 20
B. ₹ 2,700
C. ₹ 2,720
D. ₹ 5,420
Answer:B
Purchased cloth of ₹ 2,720 from Anand Stores for personal use and paid ₹ 2,700 by cheque. In this transaction, by which amount Drawings account is debited ?
A. ₹ 20 B. ₹ 2,700 C. ₹ 2,720 D. ₹ 5,420