drawing account
bank account which allows sums of money to be regularly withdrawn | ||||
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DRAWING ACCOUNT definition was found in categories: Business & Finance(1)
DRAWING ACCOUNT Definition from Business & Finance Dictionaries & Glossaries
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DRAWING ACCOUNT
The account used to record withdrawals of cash by the owner. Used commonly in smaller companies.
The account used to record withdrawals of cash by the owner. Used commonly in smaller companies.