Is it possible to make drawings that exceed the profit earned in a year?

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Cambridge International AS And A Level Accounting

ISBN: 9781444181432

1st Edition

Authors: Ian Harrison

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Question Posted: Aug 23, 2023 01:05 PM

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Is it possible to make drawings that exceed the profit earned in a year?

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Yes it is possible for a business owner or partner to make drawings withdrawals that exceed the prof...View the full answer

Cambridge International AS And A Level Accounting

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