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The Owner of BobCats R Us Paid His Personal Visa

Question 76

Multiple Choice

The owner of BobCats R Us paid his personal Visa Card bill using a company check. 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 Payable.

Correct Answer:

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