Why are drawings taken out by the owner not treated like employees wages, which are shown as

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Why are drawings taken out by the owner not treated like employees’ wages, which are shown as expenses in the statement of profit or loss?

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Accounting A Smart Approach

ISBN: 9780199674916

2nd Edition

Authors: Mary Carey, Jane Towers-Clark, Cathy Knowles

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Question Posted: Jun 25, 2024 01:02 AM

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Why are drawings taken out by the owner not treated like employees wages, which are shown as

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Accounting A Smart Approach

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