USA Accounting exam


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In a homework assignment that I have, I am being asked to correct incorrect entries.
Question is as follows:
Owner withdrew money for personal reasons:
Dr. Misc. Expense. $600
Cr. Cash. $600


My question is what accts are effected by owners withdrawal of capital funds?
 
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From the point of view of a business, owner's personal expenses are in the nature of "Drawings" i.e., reduction from capital.

Correct Entry :

Drawings (or Capital) A/c Dr. $600
To Cash A/c $600
 

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