Amount withdrawn by the owner for his personal expenses is called __________  (a) Drawings  (b) Personal expenses  (c) Cash  (d) Assets

i. (a) Capital ii. (a) Profit iii. (c) ₹ 32,000

i. Outstanding Expenses ii. Overvaluation of Liabilities iii. Stock in Trade

Correct option is: (B) Within one year

Correct option is: (A) Current Liabilities

Correct option is (d) Capital

Drawings made by the owner of the business decrease its equity.

Correct Answer - Inflow ;(a), (b); Outflow:(c),(g); No flow: (d),(e), (f),(h).

(B) Decipher, (D) Passwords, (E) Security

Correct Answer - I, IV, VIII.

Correct Answer - Adjusted balance as per Cash Book (Cr.) ₹29.000; Pass Book Cr. Balance ₹30,000.