Double Entry Bookkeeping (part b) – 27.50 minutes in

Hi John,

Firstly thank you for providing this brilliant free service.

Secondly, I can follow the whole video named above until you get to 27 mins 50 secs where you are tidying up the owners Capital, Drawings and Inc Stat accounts. I understand the need to get back to the figure $5,300 as that is the amount the company owes the owner, but why do you credit Drawings $500 but only debit Capital $100?

Thanks Rob