Question
Henry is the sole proprietor of a travel agency. During the year, she withdrew $3,750 from his business. How will the business account f or
Henry is the sole proprietor of a travel agency. During the year, she withdrew $3,750 from his business. How will the business account f or this withdrawal. a. debit the distribution account b. credit the drawings account c. debit the capital account d. credit the capital account e. credit the profit account
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College Accounting Ch 1-12
Authors: Dansby
5th Edition
0763834955, 978-0763834951
