which balance does drawings account shows?
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Explanation:
A drawing account is a contraaccount to the owner's equity. The drawing account's debitbalance is contrary to the expected credit balance of an owner's equity accountbecause owner withdrawals represent a reduction of the owner's equity in a business.
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Explanation:
A drawing account is a contra account to the owners equity. The drawing accounts debit balance is contrary to the expected credit balance of an owner's equity account bcz owner withdrawal's represent a reduction of the owner's equity in a business...
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