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+--- Thread: Owners Drawing in Accounting (/Thread-Owners-Drawing-in-Accounting)
Owners Drawing in Accounting - Kephrem1 - 04-17-2013
Question on Owner's Drawing
When an owner Draw's $500, we debit his account because debit decreases equity/capital correct?
Owners Drawing in Accounting - amilitab4k9 - 04-17-2013
Yes, and credit cash.