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Deductions & credits
Perhaps my question wasn't clear. I'm not expecting any deduction at all. My concern is that I'm reducing the profitability of my business my feeding myself and my family out of the "cost of goods sold" (i.e. the restaurant food). So should I make a journal entry that adds to owner drawings and depletes cost of goods sold ?
ā€ˇFebruary 3, 2021
2:57 PM