Accountancy, asked by akashbhandari4445, 3 months ago

drawings is debit or credit​

Answers

Answered by hotboy98
3

Answer:

drawing is debit mate okkkk

Answered by shrushti1415
4

The amounts of the owner's draws are recorded with a debit to the drawing account and a credit to cash or other asset. At the end of the accounting year, the drawing account is closed by transferring the debit balance to the owner's capital account.

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