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18 February, 04:18

The withdrawal of cash by the owner for personal use would include a

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  1. 18 February, 07:03
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    Answer;

    A Debit to the owners withdrawals account

    Explanation; When an owner of a business wants to withdraw cash for private use, it is called drawings and are recorded on the drawings account. The withdrawal of cash by the owner for personal use is placed on a temporary drawings account and reduces the owners equity.
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