The accounting convention which stipulates that money or goods taken from the business by the owner for personal use should be treated as deductions from capital is? By: Sunday|Published on: Dec 10|Categories: Accounting JAMB| 0 comments A. cost B. prudence C. consistency D. entity Correct Answer: Option D – entity Users Also Read These:In the preparation of account, the owners of the…A document of title to goods written by the ship…The concept which states that the affairs of a…The capital contribution by the partners is treated in the?When does the buyer in a hire purchase becomes the…SEE ALSO The document setting out the regulations regarding shares; meetings and internal organization of a company is known as?