Accountancy, asked by rokeshrawal55, 7 months ago

what is capital creation and drawing creation?​

Answers

Answered by misscutie94
3

Answer:

The drawing account is a capital account. It's debit balance will reduce the owner's capital account balance and the owner's equity. The drawing account's purpose is to report separately the owner's draws during each accounting year

Explanation:

please Make As Brainlist Answers please

Answered by yashchirdhani
1

Answer:

please brainliest and thanks ❤❤

Attachments:
Similar questions