Cash or goods taken away by the proprietor is called ...

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General Accounting Principles Introduction to Accounting Add to Study Deck

Cash or goods taken away by the proprietor is called

Drawings

Sales

Charity

Expense

Explanation:

A drawing account is an accounting record maintained to track money withdrawn from a business by its owners. A drawing account is used primarily for businesses that are taxed as sole proprietorships or partnerships.

By: Munesh Kumari

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Introduction to Accounting

General Accounting Principles

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