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  3. Study Set
    Fundamental Accounting Principles
  4. Exam
    Exam 2: Analyzing and Recording Transactions
  5. Question
    A Business Paid $100 Cash to Karen Smith (The Owner
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A Business Paid $100 Cash to Karen Smith (The Owner

Question 143

Question 143

Essay

A business paid $100 cash to Karen Smith (the owner of the business)for her 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 Karen Smith (the owner of the business)for her 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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