What is the purpose of a drawing account in a partnerships financial records?

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What is the purpose of a drawing account in a partnership’s financial records?

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Advanced Accounting

ISBN: 9781260247824

14th Edition

Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik

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Question Posted: Oct 04, 2014 03:47 AM

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What is the purpose of a drawing account in a partnerships financial records?

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The Drawing account measures the amount of assets that a parti...View the full answer

Advanced Accounting

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