Drawings

This query is : Resolved 

11 January 2011 Whether drawings can be shown in the balance sheet of a proprietary business? (ie. deduction from capital)

Regards,
Devendra

11 January 2011 Yes, there can be drawings from proprietary business apart from personal drawings,,

12 January 2011 yes, drawings to be shown in the balance sheet of a proprietary business? as deduction from capital.




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