Examlex
In the multisensory approach to spelling, the student
Withdraw
Withdraw refers to the act of taking out money from a bank account or the removal of assets or resources from use or participation.
Capital Account
An account on a nation's balance of payments that records transactions involving the purchase and sale of assets, such as property and stocks.
Withdrawals
Withdrawals refer to the act of taking money out of a bank account, but in a business context, it often refers to the owner taking funds out of the business for personal use.
Income Summary
An account used in the closing process in accounting to gather all revenues and expenses for a period before transferring the net result to the capital account.
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