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in this presentation we will take a look at partnership withdraws for more accounting information and accounting courses visit our website at accounting instruction dot info were gonna take the withdrawals from this trial balance the data on the left side the trial balance on the right side where we currently have cash and equipment the assets in green accounts payable our liability in orange capital accounts including the capital account and the withdrawals what we will be focusing in on here and then the income statement accounts revenue and expenses resulting in net income of the revenue 10,000 minus expense 3,000 and we have the debits or being non bracketed the credits being bracketed the bracketed numbers minus the non bracketed numbers gives us 0 meaning the debits equal the credits so our goal here is to record the withdrawals and note that the withdrawals dont necessarily have to match the profit sharing thats the first thing that can be confusing with partnerships when we