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Is it legal for business owner to take large amounts of money for personal use disquised as a business expense?

No, this is called embezzlement.


What is the business money?

Money that you get from your business, is called business money.


What is a personal use aircraft?

An aircraft (plane, etc) that is used for personal reasons, as opposed to commerial reasons (to make money).


What is the money needed to start a business called?

The money needed to start a business is called "capital".


Are personal drawings a business expense?

No, personal drawings is money you take out of the busniess for your personal use.


Give Five reasons for establishing a business?

to make money


What is it called when the owner of a business invests money into the business?

Its called capital


The money used to start a business is what?

The money used to start a business is called capital.


What is money that is spent called?

Money that is spent is called an expense. Expenses refer to the costs incurred in order to generate revenue or achieve a particular goal. Tracking expenses is important for managing personal or business finances effectively.


Can I deposit personal money into my business account?

Yes, you can deposit personal funds into your business account, but it's important to keep clear records to distinguish between personal and business finances for tax and accounting purposes.


What is money known as that is used to invest in business?

Money invested in business is called capital


What is the money used to start improve or run a business called?

The money used to start a business and keep it running is also called capital. Start-up money is sometimes called "seed money" or an investment.