When an owner takes goods from the business for personal use, it is considered a drawing, which reduces the owner's equity in the business. The "Drawing Account" is debited to reflect this withdrawal. Since the goods are being taken from inventory (stock), the "Stock Account" should be credited to decrease the value of the inventory.
If we take goods for own use we should ________?
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Question context
This question is part of 📏 Arithmetic Aptitude within the broader 🧠 Aptitude Mastery subject and appears in the SPSC – Sindh Public Service Commission preparation collection. Reviewing the answer together with nearby questions helps reinforce the underlying concept and identify how it may appear in competitive exams.