If Taylor Willow, the Owner of Willow Hardware Proprietorship, Uses

question 14

Multiple Choice

If Taylor Willow, the owner of Willow Hardware proprietorship, uses cash of the business to purchase a family automobile, the business should record this use of cash with an entry to:

• A) Debit Cash and credit T. Willow, Withdrawals.
• B) Debit T. Willow, Withdrawals and credit Cash.
• C) Debit Automobiles and credit Cash.
• D) Debit Cash and credit Salary Expense.
• E) Debit Salary Expense and credit Cash.