Ask Question
27 February, 23:18

Why can the owner of a business withdraw assets from that business for personal use?

+3
Answers (1)
  1. 27 February, 23:25
    0
    Since the business owner, by definition, is the person who controls all those assets and is responsible for them, he/she can take parts of them home if they so choose. This is a way to manage resources, especially if those resources are still useful in some way.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Why can the owner of a business withdraw assets from that business for personal use? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers