PROPRIETORS DRAW Definition

Bookmark and Share

PROPRIETORS DRAW is when a business proprietor draws money for personal needs, but is taxed on business results (at individuals' marginal rate) regardless of drawings.

Learn new Accounting Terms

MACRO ENVIRONMENT is the external factors which affect a company's planning and performance, and are beyond its control: e.g, socio-economic, government regulations, legal and technological change.

QUETZAL (QUETZALES) is a currency of Guatemala.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.