The amount which the owner withdraw from business for personal use is known as ______
Capital
Interest
Drawings
Donation
The amount which the owner withdraw from business for personal use is known as drawings.
What term is used as the amount charged from the owner for withdrawing money from the business?
The owner withdraws cash from the business for personal use. Which of the following is true?
If A withdraw Rs 10,000 from business for personal use, he has to pay an interest because if this money remains in business it will pay the owner some profit. This interest is known as _______
Suppose A withdraw Rs 10,000 from business for personal use from the bank. Which account shall be credited in this case?