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If Tim Jones, the owner of Jones Hardware proprietorship, uses cash of the business to purchase a family automobile, the business should record this use
If Tim Jones, the owner of Jones Hardware proprietorship, uses cash of the business to purchase a family automobile, the business should record this use of cash with an entry to: O a. Ob Debit Tim Jones, Salary and credit Cash. Debit Cash and credit Tim Jones, Withdrawals. Debit Salary Expense and credit Cash. Debit Tim Jones, Withdrawals and credit Cash. Oc. Od
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