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Which of the Following Entries Records the Withdrawal of Cash

Question 54

Multiple Choice

Which of the following entries records the withdrawal of cash for personal use by Ty Knott, the owner of a business?


A) Debit Cash and credit Ty Knott, Capital
B) Debit Cash and credit Salary Expense
C) Debit Salary Expense and credit Cash
D) Debit Ty Knott, Drawing, and credit Cash

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