When an owner makes a withdrawal? the drawing account will be decreased with a debit. the drawing account will be increased with a credit. it doesn't have to be cash, it could be another asset. the capital account will be directly increased with a debit.

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it doesn't have to be cash, it could be another asset.

Expert answered|selymi|Points 7332|

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Asked 1/25/2012 11:44:32 AM

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Assets normally show? debit balances. credit balances. debit and credit balances. debit or credit balances.

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Updated 7/12/2020 7:53:37 AM

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samn

Assets normally show debit balances.

Added 2/6/2014 9:07:44 AM

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