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19) Which of the following entries * 1pc records the owner taking cash for personal use? A) Wage Expense, debit; Cash, credit. B) Capital, debit;
19) Which of the following entries * 1pc records the owner taking cash for personal use? A) Wage Expense, debit; Cash, credit. B) Capital, debit; Cash, credit. C) Withdrawals, debit; Cash, credit. D) No entry is necessary since the owner owns the cash and the entire business
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Financial Accounting And Reporting
Authors: Barry Elliott, Jamie Elliott
15th Edition
0273760882, 9780273760887
