Drawing account

Definition:

A general ledger account used by some sole proprietorships and partnerships to keep track of amounts drawn out of the business by an owner.

Related terms:

Letters of Response

Useful articles:

»	Sales Managers Make a Difference
»	Does Your Company Need More Marketing? Or Just Better Marketing?
»	Increase Internet Sales with Free Trials
»	How to Attract Media Attention

Credit card

How long it will take to pay off your credit card and how much interest you will pay by minimum payment

Stock Market

Hows your stock picks going? Is the stock market treating you nice? Find out with our calculator.

Loan amortization

This calculator will help you to calculate an amortisation schedule for a loan

Browse by categories

Accounting	Advertising	Banking
Bankruptcy	E-Commerce	Economics
Finance	Law	Investment
Insurance	Marketing	Real estate
Statistic	Trade	Purchasing

Featured Articles:

Agent Recruitment

Communicate! And Watch Success Grow

Communication is one of the key ingredients in building a successful sales organization. Managers who can communicate well seem to have much better retention, better recruiting success and be... [ more... ]

Negotiation

Want to Get More at the Bargaining Table? Learn to Flinch at Proposals

Power Negotiators know that you should always flinch-react with shock and surprise at the other side's proposals. Let's say that you are in a resort area and stop to watch one of those charcoal ske... [ more... ]

Management

Managing Manager Performance

There is one big question to which all sales managers want the answer: Is it actually possible to influence the performance of others?

Many sales managers believe that having the right pe... [ more... ]

Term: Accounting -> Drawing account