In accounting, drawings are recorded as debits to the owner's capital account. This is because drawings reduce the overall equity of the owner in the business. When a drawing is made, it is debited to the drawings account, which is a contra equity account, and credited to the cash or asset account from which the drawing is taken. Therefore, if you see a debit entry in the drawings account, it indicates that funds have been withdrawn from the business.
just like you read any book. You have to know the language
a type of drawings are detailed threads, and complementary threas
LS drawings are Light Sketch drawings preferred by a pencil or thin charcoal.
Working drawings are usually drafts used in construction or design. Detail drawings are drafts done that highlight or enlarge a smaller part of a component.
Circles appear in isometric drawings as an elipse.
debited
Commission received is credited and cash is debited
credited
credited
credit
All liabilities are credited and assets are debited so increase in liability will be credited and not debited.
debited side
Credit
yes
In accounting, transactions are debited or credited based on the accounting equation, which states that assets must equal liabilities plus equity. When a transaction increases assets or expenses, it is debited. When a transaction increases liabilities, equity, or revenue, it is credited.
Revenue is income or a credit.
It is a debit and taken out of your account.