Accountancy, asked by vishalhulle7, 2 months ago

cash withdrawan by proprietor for personal use ​

Answers

Answered by mmohanaabhinav
0

Answer:

In accounting,assets such as cash Cash or Goods which are withdrawn from a business by the owner(s) for their personal use are termed as drawings.It is also called a withdrawal account.It reduces the total capital invested by the proprietor(s).

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