Solved

MrBig Received a $5,000 Payment from His Sole Proprietorship,Buy

Question 38

Multiple Choice

Mr.Big received a $5,000 payment from his sole proprietorship,Buy & Large,for work performed by Mr.Big.The payment should be recorded with a $5,000:


A) debit to M.Big,Drawings.
B) debit to Salary Expense.
C) debit to M.Big,Capital.
D) credit to Salary Expense.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions