Drawings / Withdrawals Are Decreased And Increased By What

Drawings Are Decreased And Increased By
Withdrawals (Cash Or Goods Withdrawn By Sole Proprietor From Business For His Own Personal Use) Are Increased By What?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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