Answer Posted / anoj

drawings a/c dr
or
capital a/c dr
to purchase(if goods taken)
To cash(if cash withdrawn/ taken )

we are in contraction business, we purchase raw material and paid tax on related material, suppose we want to bill to our party in WCT?

2058

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Explain why retained earnings have an opportunity cost associated?

3486

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2053

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2885

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2197

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1614

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2341

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2194

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