Current account distinguishes drawing accounts from fixed deposits and governs partner or entrepreneur accounting relations. Current account is a banking and commercial accounting concept distinguishing drawing accounts from fixed deposit accounts; in partnership and firm accounting a current account denotes an ongoing transactional 'account current' maintained between each partner or the entrepreneur and the business to record mutual debits and credits. A general deposit describes a relationship where the money deposited is not returned in specie but an equivalent sum is payable, creating a like-sum obligation rather than restitution of the same funds.