_____ will generally show a debit balance?

Bank loan
Bad debts recovered
Drawings
Salary payable

LohaHridoy

5 views

2025-01-04 04:42

1 Answers

AhmedNazir

Answer: Option 3

Drawings will generally show a debit balance. A drawing account is an accounting record maintained to track money withdrawn from a business by its owners.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.

5 views Answered 2022-09-01 13:21

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