Personal Drawings

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May the owner or one of the partners to withdraw the money in cash or in kind, established by personal purposes, then open a special account limiting drawdowns called personal retirement account.

Personal drawings
, all what was withdrawn by the owner or one of the partners of cash or in kind for personal purposes, if the owner or one of the partners to withdraw cash from the property for personal purposes it is opening a special account on behalf of the personal drawings be indebted to the value of the

debtor and the creditor drawdowns as follows: Statement
xxx from h/personal drawings
xxx to h/
personal retirement fund in the form of cash,
personal drawings in the form of a commodity:
May the owner or one of the partners to withdraw goods for personal purposes, then check the value of the goods withdrawn from the sale price or cost price as agreed between the partners.

Under personal drawings in the form of goods that have been evaluated at cost to the
debtor and the secured creditor statement
xxx from h/personal drawings
xxx to h/procurement or
withdrawal of goods for personal goods at cost
under personal drawings in the form of goods have been evaluated the price of sale

of the debtor and the secured creditor statement xxx h/personal drawings
xxx to h/sales
withdraw goods for personal selling price upon payment of the owner or one of the partners has been withdrawn, it is a work in reverse order in the amount of the unpaid balance, as follows:
Under the payment of the value of the
secured creditor of the debtor's personal drawings statement
xxx from h/Fund
xxx to h/personal drawings
pay personal cash withdrawals
close personal drawings
that expense account personal drawings as explained previously the interim accounts, so at the end of the financial period are closed personal drawings in the expense account Capital or current account, the owner, so that the expense of personal drawings in the creditor party.

Under the closure of an Account Personal drawings in the capital account and the
debtor and the secured creditor
from h/statement xxx
xxx to capital h/personal drawings
close personal drawings account in the capital account, but in practice, even the capital account balance is little different from what is recorded in the founding contract of the company, it would be better to close the expense of personal drawings in the current account, the owner or partner gary مراعاتا the laws and regulations of the State.
Under the closure of an Account Personal drawings in the current account, the owner of the
debtor and the secured creditor statement
xxx from h/gary the owner of
xxx to h/personal drawings
under close personal drawings account in the current account, the owner
has been emphasized in this lesson and before the accounting treatment of the elements of property rights (Personal) capital drawdowns in individual enterprises, either in companies of persons (Solidarity recommend a simple), the accounting treatment of capital accounts personal drawings on the method of distribution of profits and losses between the partners and other will be explained in the financial accounting section in the companies.


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