Accountancy, asked by simranjitsingh7797, 7 days ago

what is drawings for business ?​

Answers

Answered by indirasagar108
3

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.

Answered by anushkanikam22
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:

hope this helps you

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