Is the withdrawal of assets by the owner of the business in the form of drawings classified

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Is the withdrawal of assets by the owner of the business in the form of drawings classified as an expense?

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Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Jul 13, 2022 03:49 AM

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Is the withdrawal of assets by the owner of the business in the form of drawings classified

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A withdrawal can also refer to the draw down of an own... View the full answer

Income Tax Fundamentals 2013

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