Examlex
In a computer,what is "expansion"?
Drawings
Withdrawals of cash or other assets from a business by the owner for personal use.
Capital Statement
A financial statement that outlines the changes in owners' equity over a specific period.
Drawings
Withdrawals made by an owner from the business for personal use, reducing the capital account of the owner.
Capital Investment
Funds invested in a business by the owners or shareholders to purchase assets or to provide working capital with the aim of generating long-term revenue and profits.
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