Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. taking merchandise inventory for personal use by t

Taking merchandise inventory for personal use by the owner of a sole-proprietor is classified as:...

60.1K

Verified Solution

Question

Accounting

Taking merchandise inventory for personal use by the owner of a sole-proprietor is classified as:

a. Loss of merchandise due to theft

b. Sales of merchandise

c. Drawings

d. None of the choices is correct

e. Damage of merchandise

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Darwin Playtime Pty Ltd (DPPL) is a toy manufacturer. DPPL has factories across the country and...

Accounting
Q

Suppose you want to know if different dosages of caffeine affect students’ performance on a test....

Statistics
Q

The table shows the mass of fibres in 100 grams of each food item below. Food Mass of...

Medical Sciences
Q

Make the assumption that a cell has a 10% salt concentration inside its cytoplasm. What factors...

Biology
Q

Type up Verilog Verilog program , test bench and screenshot of the wavefore using verilog xilinx....

Electrical Engineering
Q

(Chapter 15) Q: Please give an example of creep.

Mechanical Engineering
Q

O Cytopathic Effects O Cancerous cells O Stem cells Question 7 0 5 pts A...

Biology
Q

Which line is parallel to the line y = ?4x+6 and passes through the point...

Basic Math
Q

Listen M An airplane is flying at an airspeed of 400 km h on a...

Calculus
Q

Your answer is correct. (a) Specify whether each cost is a product cost or a...

Accounting
Q

Tomlinson Packaging Corporation began business in 2017 by issuing 45000 shares of $5 par common...

Accounting
Q

Tonys Racing Engines, Inc. wants to replace a 10-year-old cylinder boring machine with a new...

Finance