Drawings are shown as _______ in the vertical form of the balance sheet. Options: A . &nbspaddition to current assets B . &nbspdeduction from current liabilities C . &nbspaddition to equity/capital D . &nbspdeduction from equity/ capital

Drawings are shown as _______ in the vertical form of the balance sheet.

Question

Drawings are shown as _______ in the vertical form of the balance sheet.

Options:

A . addition to current assets

B . deduction from current liabilities

C . addition to equity/capital

D . deduction from equity/ capital

Answer: Option D
:
D
Drawings are shown as a deduction from equity/ capital in the vertical form of the balance sheet.

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