Question: Current Attempt in Progress When an owner makes a withdrawal it doesn't have to be cash, it could be another asset. the owner's capital account
Current Attempt in Progress
When an owner makes a withdrawal
it doesn't have to be cash, it could be another asset.
the owner's capital account will be directly increased with a debit.
the owner's drawings account will be increased with a credit.
the owner's drawings account will be decreased with a debit.
Attempts: of used
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