Drawings is shown on a sole proprietors statement of financial position as: (a) An addition to the

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‘Drawings’ is shown on a sole proprietor’s statement of financial position as:

(a) An addition to the equity account

(b) A deduction from the equity account

(c) A current liability

(d) A current asset

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Accounting And Finance For Business

ISBN: 9780273773948

1st Edition

Authors: Geoff Black, Mahmoud Al-Kilani

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Question Posted: Jul 02, 2024 09:01 AM

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Drawings is shown on a sole proprietors statement of financial position as: (a) An addition to the

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Accounting And Finance For Business

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