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Purchased cloth of ₹ 2,720 from Anand Stores for personal use and paid ₹ 2,700 by cheque. In this transaction

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Purchased cloth of ₹ 2,720 from Anand Stores for personal use and paid ₹ 2,700 by cheque. In this transaction, by which amount Drawings account is debited ?

(a) ₹ 20
(b) ₹ 2,700
(c) ₹ 2,720
(d) ₹ 5,420

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1 Answer

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Correct option is (b) ₹ 2,700

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