Accountancy, asked by anuranan5723, 1 day ago

Withdrawal by proprietor for his personal use

Answers

Answered by tajit9914
0

Answer:

here's is your ans

Explanation:

In accounting, assets such as Cash or Goods which are withdrawn from a business by the owner(s) for their personal use are termed as drawings. It is also called a withdrawal account. It reduces the total capital invested by the proprietor(s).

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