Drawings

Drawings Simplified: Fundamental Concepts for Business Equity

Drawings in accounting refer to the withdrawals or removal of assets, typically cash, from a business by its owner(s) for personal use. These withdrawals represent …

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Capital

Capital 101: Understanding the Building Blocks of Wealth

Capital represents the financial resources available to a business or individual for investment purposes. It can include both tangible assets (such as machinery or property) …

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