Which of the Following Entries Records the Withdrawal of Cash

question 97

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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Definitions:

Face-To-Face Communication

direct interaction between individuals that occurs in person, allowing for immediate feedback.

Impact

The significant influence or effect that an action, decision, or event has on individuals, systems, or environments.

Eye Contact

The act of looking directly into another person’s eyes, which can communicate attention, interest, or even social cues.

Job Interview

A formal conversation between a job applicant and a representative of an employer which is conducted to assess whether the applicant should be hired.