Statement of Financial Position for sole traderForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Statement of Financial Position for sole traderThis topic has 1 reply, 2 voices, and was last updated 6 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts March 29, 2019 at 1:49 am #510745 agatharMemberTopics: 1Replies: 1☆If the owner takes the business vehicle for personal use and consumes fuel that was meant to be used for businesses purposes, does the cost of the fuel consumed become Drawings or it is an expense to the business. March 29, 2019 at 6:39 am #510762 John MoffatKeymasterTopics: 57Replies: 54628☆☆☆☆☆If the fuel is used for business purposes then it is an expense of the business (and not drawings).AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In