👉 The term "outdrawn" in accounting refers to a situation where an entity has already made a payment and then chooses not to pay it back, often due to financial constraints or unforeseen circumstances. This action can be seen as a form of "credit withholding," where the entity holds onto any remaining funds until they are able to make a full payment. Outdrawn transactions are crucial for maintaining a balance sheet because they show how much money an entity has available for future use, which is essential
