The owner's Drawing account will not appear on an adjusted trial balance on the work sheet.

Name: The owner's Drawing account will not appear on an adjusted trial balance on the work sheet.
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Question

Quizplus · Accepted Answer

The owner's Drawing account is a temporary equity account that reflects withdrawals made by the owner from the business for personal use. It does appear on the adjusted trial balance on the worksheet to ensure that all accounts are properly accounted for and balanced before preparing financial statements.

The Owner's Drawing Account Will Not Appear on an Adjusted