Accountancy, asked by sayreon, 4 months ago

DRAWING IN ACCOUNTS ARE Direct expense or not

Answers

Answered by ishanikapoor217

6

Answer:

The drawing account is an accounting record used in a business organized as a sole proprietorship or a partnership, in which is recorded all distributions made to the owners of the business. ... The drawing account is not an expense - rather, it represents a reduction of owners' equity in the business

Answered by 786razarahmat

0

Answer:

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