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Does owners draw have negative numbers? - Answers

Yes, an owner's draw can have negative numbers. This occurs when the total amount withdrawn by the owner exceeds the equity in the business, leading to a situation where the owner's draw reflects a negative balance. This typically indicates that the business has been overdrawn, which can affect the owner's equity and may need to be addressed in the financial statements.



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Does owners draw have negative numbers? - Answers

https://math.answers.com/basic-math/Does_owners_draw_have_negative_numbers

Yes, an owner's draw can have negative numbers. This occurs when the total amount withdrawn by the owner exceeds the equity in the business, leading to a situation where the owner's draw reflects a negative balance. This typically indicates that the business has been overdrawn, which can affect the owner's equity and may need to be addressed in the financial statements.



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https://math.answers.com/basic-math/Does_owners_draw_have_negative_numbers

Does owners draw have negative numbers? - Answers

Yes, an owner's draw can have negative numbers. This occurs when the total amount withdrawn by the owner exceeds the equity in the business, leading to a situation where the owner's draw reflects a negative balance. This typically indicates that the business has been overdrawn, which can affect the owner's equity and may need to be addressed in the financial statements.

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      Yes, an owner's draw can have negative numbers. This occurs when the total amount withdrawn by the owner exceeds the equity in the business, leading to a situation where the owner's draw reflects a negative balance. This typically indicates that the business has been overdrawn, which can affect the owner's equity and may need to be addressed in the financial statements.
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