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Permanent

withdrawal

Withdrawal or This is because there is one more than


retirement of the Dr owner who will share in the profit or
partner loss of the company

Selling capital interest


to another partner Found in the aspect of dividing
Partner Capital net income or net loss from the
business operation

Initial or additional investment


Main difference between sole
proprietorship and partnership accounting
Cr

Paying of partnership
liabilities using personal
Every partner forming the partnership
whether capitalist or industrial Partnership
partner have their separate capital Self Study Sesh: April 14
and drawing account
Temporary withdrawals in
anticipation of future
partnership profit

Dr

Share in the business


operation's net loss
Partner, Drawing

Share in the business Cr


operations net income

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