Partnership Accounting:
Drawing and Withdrawing

by Jeany Fone
(Indonesia)

Q: What is the difference betweem Drawing and Withdrawing? As Drawing affects Capital Ownership.


A: Same thing.

Comments for Partnership Accounting:
Drawing and Withdrawing

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partnership
by: Anonymous

Yes it is possible. The owners are referred to as partners

Partnership in a business
by: Anonymous

Is it possible for a business to have more than one owner? If so, what do you call such a business?squeam

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