Multiple Choice
The owner of Wolverines R Us paid his personal MasterCard bill using a company cheque. The correct entry to record the transaction is
A) credit Cash; debit Capital.
B) credit Cash; debit Supplies Expense.
C) credit Cash; debit Withdrawals.
D) credit Cash; debit Accounts Receivable.
Correct Answer:
Verified
Correct Answer:
Verified
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