Cash Is Used to Pay for a Car for Personal

question 72

Multiple Choice

Cash is used to pay for a car for personal use by the owner.The transaction includes

• A) debiting Cash and crediting Drawing.
• B) debiting Drawing and crediting Cash.
• C) debiting Capital and crediting Cash.
• D) debiting Car Expense and crediting Cash.

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Definitions:

Mobile Apps

Software applications designed to run on smartphones, tablets, and other mobile devices.

Web Services

Software systems designed to support interoperable machine-to-machine interaction over a network.

Formal Impression

The perception or feeling that something gives off as being official, serious, or professional in nature.

Geographically Dispersed

Refers to individuals or groups spread out over a wide geographical area.