When the Owner of a Business Withdraws Money from the Business

question 25

Multiple Choice

When the owner of a business withdraws money from the business for her own use:

• A)the cash account is debited.
• B)the cash account is credited.
• C)the drawings account is credited.
• D)the equity account is credited.

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Definitions:

Dissociation

An emotional state where an individual experiences a detachment from their own thoughts, emotions, memories, or personal identity.

Consciousness

Our subjective awareness of ourselves and our environment.

Phantom Limb

A phenomenon where individuals feel sensations, including pain, in a limb or a part of a limb that has been amputated.

Pain Relief

Methods or substances used to reduce or eliminate pain.