You decrease assets with a credit. Another Question Go to Table of Contents 2b. You decrease assets with a credit. Another Question Go to Table of Contents 3a. Another Question Go to Table of Contents 3b.
Withdrawals is an accumulation of what the owner takes out of the business.
A check to owner is the owner taking cash out of the business. This is an increase. Another Question Go to Table of Contents 4a. You increase Withdrawals with a debit. Another Question Go to Table of Contents 4b.