[arkjarhead]

In accounting class our instructor told us a business can set up a temporary account called the drawing account. When you withdraw cash you will do a credit in your cash account and a debit in your drawing account. Since this drawing account is a temporary account you have to close it out at the end of the month. Then next month you can open it back up basicly. At least this is my understanding. I would like to add a disclaimer that I am in no way,shape, or form a professional accountant. I'm just taking the class.