Accounting Dictionary
Drawing
When a sole proprietor takes money from his company, the owner keeps track of the money withdrawn in a Drawing account.
In a corporation, the money withdrawn by the owners is called “dividends”. In a sole proprietorship it is called “Drawing” but it is really the same thing. Drawing is not deductible to the business.
https://accounting.uworld.com/cpa-review/lc/accounting-dictionary/term/drawing/
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