A payment from a proprietorship or partnership to its owner or owners is called a(n):

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A withdrawal is a payment made by a proprietorship or partnership to its owner or owners. Dividends are payments made to shareholders of a corporation, not to owners of a proprietorship or partnership. Expenses are costs incurred by a business, not payments made to owners. Equity refers to the value of a business after liabilities are subtracted from assets, not a payment made to owners. Cheque is a payment instrument, not a type of payment made by a business to its owner or owners.

A Payment from a Proprietorship or Partnership to Its Owner