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If the Owner of Pastel Legal Services Forgot to Deduct

Question 106

Multiple Choice

If the owner of Pastel Legal Services forgot to deduct a withdrawal from the balance per books, what entry would be necessary?


A) Debit Cash; credit Withdrawals
B) Debit Withdrawals; credit Cash
C) Customer collection taken by the bank
D) Debit Accounts Receivable; credit Cash

Correct Answer:

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