Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

of estion What would be the journal entry, if Yousef withdrew cash $2,000 for personal use. A. Debit- Capital-2,000 and Credit- Cash-2,000 B. Debit Cash-2,000

of estion What would be the journal entry, if Yousef withdrew cash $2,000 for personal use. A. Debit- Capital-2,000 and Credit- Cash-2,000 B. Debit Cash-2,000 and Credit- Capital-2,000 C. Debit- Drawings-2,000 and Credit-Cash-2,000 D. Debit- Expense-2,000 and Credit- Cash-2,000 OB O A O D
image text in transcribed
What would be the journal entry, if Yousef withdrew cash $2,000 for personal use. A. Debit-Capital-2,000 and Credit-Cash-2,000 B. Debit Cash-2,000 and Credit-Capital-2,000 C. Debit-Drawings-2,000 and Credit-Cash-2,000 D. Debit- Expense-2,000 and Credit-Cash-2,000 B A D C

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Audit Cultures Anthropological Studies In Accountability Ethics And The Academy

Authors: Marilyn Strathern

1st Edition

0415233275, 978-0415233279

More Books

Students also viewed these Accounting questions