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#1
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why is owner's withdrawal recorded as a charge against cash out?
A cashflow tempalte for small business shows that owner's withdrawal and/or
loan payment are not treated as cash out flow. whey not? |
#2
Posted to microsoft.public.excel.misc
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why is owner's withdrawal recorded as a charge against cash out?
Just thinking back a few years, isn't cash out the company's cash, owners have an account,something like owner's drawings, which is a contra account, I think that is right somehow! -- davesexcel ------------------------------------------------------------------------ davesexcel's Profile: http://www.excelforum.com/member.php...o&userid=31708 View this thread: http://www.excelforum.com/showthread...hreadid=522035 |
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