Question
May 17 -Check # 85 in the amount of $125 was issued to Alice Peterson as a personal draw on the Drawing account. *I Debited
May 17 -Check # 85 in the amount of $125
was issued to Alice Peterson as a personal draw on the Drawing account. *I Debited
Draw and Credited Cash*. Is this correct?
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Managerial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
8th edition
978-1-119-3904, 1119392422, 111939242X, 1119390451, 978-1119392422
