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 | Dec 10 | Accounting JAMB | 0 comments A. cost B. prudence C. consistency D. entity Correct Answer: Option D – entity Users Also Read These:The pH of four solutions M,N,Q and R are 2,6,8 and…The concept which states that the affairs of a…The accounting concept underlying the treatment of…In preparing accounting records; the owners of a…Which of the following is not an accounting convention?