Drawings by a Partner or a Sole Trader from Their

question 43

Multiple Choice

Drawings by a partner or a sole trader from their business may be:

• A) cash taken out on a regular basis.
• B) the owner's personal bills paid by the business, e.g. children's school fees.
• C) goods taken for personal consumption.
• D) all of the above.

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Definitions:

Chronological Order

The arrangement of events, dates, or occurrences in the order of their time of occurrence.

Lab Reports

Documents that explain the results of tests carried out in a laboratory, including methods used, data obtained, and interpretations.

Patient Chart

A comprehensive record maintained in healthcare settings that contains all pertinent medical history, test results, diagnoses, and treatment plans for a specific patient.

Filing Dividers

Tools used in organizing files or documents into sections within a folder or binder, making it easier to locate specific information.