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:Which of the following is not an accounting convention?The practice of identifying with one constant…Which of the following principles stipulates that…A business firm incurs labour cost in installing…The accounting convention which states that the…