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On December 22, the owner of JJ's Bistro withdrew $3,000 for personal use. How would this transaction be recorded on the company's books, assuming the
On December 22, the owner of JJ's Bistro withdrew $3,000 for personal use. How would this transaction be recorded on the company's books, assuming the company uses special journals? a. Recorded as a debit to Cash for $3,000 and a credit to General for $3,000 in the cash payments journal b. Recorded as a debit to Other Accounts for $3,000 and a credit to Cash for $3,000 in the cash receipts journal c. Recorded as a debit to Cash for $3,000 and a credit to Owner's Drawing for $3,000 in the general journal d. Recorded as a debit to General for $3,000 and a credit to Cash for $3,000 in the cash payments journal
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