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I take drawings instead of wages so what category do i put this under ?

 
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Re: I take drawings instead of wages so what category do i put this under ?

Owner equity draw

 

For a company taxed as a sole trader, I recommend you have the following for owner/partner equity accounts  (one set for each partner if a partnership)

[name] Equity (do not post to this account it is a summing account)
>> Equity
>> Equity Drawing - you record value you take from the business here
>> Equity Investment - record value you put into the business here