Question

Explain the following terms:
ii) Drawings
ii) Capital
iii) Account​

Answer 1

Answer:

ii) Drawings - drawing is an art which come from your mind

ji)capital - its have a contact in two state

iii) so many different accounts some online or some offline

Answer 2

1) Drawings refers to the act of withdrawing cash or assets from the company by the owner(s) for personal use. Keep track of the money you withdraw for personal use easily with Debitoor bookkeeping software.

2) Capital is a term for financial assets, such as funds held in deposit accounts and/or funds obtained from special financing sources. Capital can also be associated with capital assets of a company that requires significant amounts of capital to finance or expand.

3) a report or description of an event or experience.