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Recording of Transactions - 2 — Account STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceAccountRecording of Transactions - 21 Mark
Question
Give transaction that:
Decrease an asset and decrease capital.
✓

Answer

Decrease an asset and decrease capital: Drawings (withdrawn by partners) i.e., decrease in capital ad decrease in cash.

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