Examlex
A silent MI is a heart attack that is associated with no symptoms.
Withdrawals Account
An account used to track the money that an owner takes out of the business for personal use, also known as draws.
Capital Account
A financial statement that shows the changes in a company's equity, including contributions by and distributions to owners over a period.
Withdrawals Account
A record of the money taken out of a business by its owner(s) for personal use.
Income Summary
A temporary ledger account used in the closing process to summarize the year's revenues and expenses before transferring the net income or loss to the owner's equity account.
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