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

Click here to add your own comments

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

Click here to add your own comments

Return to Ask a Question About This Lesson!.




Enjoying this Website?
Help Support it with a Donation

OR...



Advertise on Accounting-Basics-for-Students.com

© Copyright 2009-2018 Michael Celender. All Rights Reserved. Click here for Privacy Policy.

SBI
SBI!

Search this website:




All the lessons on this site and much, much more...

Accounting Basics: Complete Guide

Available Now On


Get Your Degree!

Find schools and get information on the program that’s right for you.

Powered by


Subscribe to
The Student Accountant newsletter

Enter Your E-mail Address
Enter Your First Name (optional)
Then

Don't worry — your e-mail address is totally secure.
I promise to use it only to send you The Student Accountant.