what is drawings for business ?
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Drawings are sums of money that a sole trader or partner takes out of his or her business bank account. Drawings can be: Withdrawals from your business bank account. Transfers from your business bank account to a personal account. A payment for a personal cost from your business's bank account.
Answered by
1
Answer:
Drawings are sums of money that a sole trader or partner takes out of his or her business bank account. Drawings can be: Withdrawals from your business bank account. Transfers from your business bank account to a personal account. A payment for a personal cost from your business's bank account.
Explanation:
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