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angelacct
Level 3

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The Draw acct should be zeroed out to Owners Capital (Sole Pro.) or Retained Earnings (Corp) at the end of each accounting period - a calendar or fiscal year - which ever one your business uses.
You would do this by Journal Entry
Debit - Owners Capital Acct (because draws reduce capital)  
&  Credit - Draw Acct (this will zero out the debit balance)
Hope this helps.

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