Drawings / Withdrawals Are Decreased And Increased By What
Withdrawals (Cash Or Goods Withdrawn By Sole Proprietor From Business For His Own Personal Use) Are Increased By What?
Withdrawals are increased by a debit while decreased by a credit as the normal balance of owner’s withdrawals account is on left side or debit side of t account. So, withdrawals are increased on debit side of t-account.
Withdrawals Are Decreased By What?
Withdrawals or Drawings are decreased on the right side or credit side of T-Account as it is a side opposite to normal side where its balance decreases.
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