Question

Amount withdrawn by the proprietor of a business is called

Answer 1

Heya!!

Amount withdrawn by the proprietor of a business is called withdrawals by owner .

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Answer 2

Answer:

Explanation:

An owner's withdrawal, sometimes called a distribution, is a payment of cash or assets from a partnership or sole proprietorship to one of its owners. In other words, an owner's withdrawal is when an owner takes money out of the company for personal use.