Equity Accounts and Owner Drawings

Owner-equity account terms used to classify drawings, contra-equity balances, and ownership claims.

These pages group closely related accounting concepts for finance readers who use financial statements, cost data, tax accounting, leases, receivables, inventory, and valuation adjustments in analysis. The subsection keeps the sidebar focused without duplicating the generated child-page navigation.

In this section

• Contra Equity Account
  A contra equity account carries a negative balance that reduces total
• Drawing Account
  A drawing account tracks owner withdrawals from a sole proprietorship
• Equity Account
  An equity account records ownership interests and accumulated residual
• Owners' Equity
  Owners' equity is the residual interest in a business after liabilities