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Chuck, the Owner of Computer Sales Co

Question 23

Multiple Choice

Chuck, the owner of Computer Sales Co., paid his personal VISA bill using a company cheque. The correct entry to record the transaction is


A) credit Cash, debit Withdrawals.
B) credit Cash, debit Supplies Expense.
C) credit Cash, debit Capital.
D) credit Cash, debit Accounts Receivable.

Correct Answer:

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