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A Business Paid $100 Cash to Charles Nice (The Sole

Question 205

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A business paid $100 cash to Charles Nice (the sole stockholder)for his personal use.Set up the necessary T-accounts below and show how this transaction would be recorded directly in those accounts. A business paid $100 cash to Charles Nice (the sole stockholder)for his personal use.Set up the necessary T-accounts below and show how this transaction would be recorded directly in those accounts.

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