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Also referred to as ‘Draws’; it represents the dollar amounts taken out of the business by the owners. Commonly used in records for Partnerships, Limited Liability Companies, and sole proprietorships.

Owner’s Draw in Business


When an owner of a small business operation transfers money from the business bank account to their personal bank account the transaction is commonly referred to as a ‘Draw’.  There are other terms but this is the traditional term used.   The [...]