Sumac lemonade isnât made with the sumac flowers, but rather those torch-like bundles of red fuzzy berries. Iâm most used to making sumac lemonade with the berries of the smooth sumac trees (Rhus glabra) , but I see no reason why staghorn or fragant sumacs wouldnât work just as well.
For example, a company might use a clearing account to hold revenue and costs when completing year-end fiscal calculations. When the company has finished placing the revenue and costs in the account it can then transfer the amount to the company's net earnings.
A drawing account is used primarily for businesses that are taxed as sole proprietorships or partnerships. Owner withdrawals from businesses that are taxed as separate entities must generally be accounted for as either compensation or dividends.