Question

What is drawings?

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Answer 1

Drawings:-It is the amount of money which the proprietor takes for his domestic or personal use. If proprietor

withdrawals goods from business for personal use it is also called Drawings.

•If the firm is a partnership firm then withdrawal of cash or goods by each partner for their personai use is called personal use is called Drawings.

Answer 2

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Drawings:-It is the amount of money which the proprietor takes for his domestic or personal use. If proprietor withdrawals goods from business for personal use it is also called Drawings.