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A regular withdrawal of cash by the owner from the business is treated as a reduction in equity and is recorded in an account called:
A regular withdrawal of cash by the owner from the business is treated as a reduction in equity and is recorded in an account called:
O a debtors.
O b cash.
O c borrowings.
O d drawings.
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Financial Accounting
Authors: Robert Kemp, Jeffrey Waybright
2nd edition
978-0132771801, 9780132771580, 132771802, 132771586, 978-0133052152
