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Capital
Any money invested into the business, including private money, is classed as 'Capital'.
Drawings
The money or goods that a business owner takes out of the business for his or her own use, is classed as 'Drawings'.
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Note: This list is a guide ONLY and by NO MEANS a full list of requirements. There may be other records you would need to keep, depending on the size, nature and structure of your business.
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