The Entry to Record the Approval of a Withdrawal by the Owner

question 84

Multiple Choice

The entry to record the approval of a withdrawal by the owner will include:

• A) a debit to Wages Expense and a credit to Vouchers Payable.
• B) a debit to Vouchers Payable and a credit to Wages Expense.
• C) a debit to Withdrawals and a credit to Vouchers Payable.
• D) a debit to Vouchers Payable and a credit to Withdrawals.

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Definitions:

Listening Skills

The ability to accurately receive and understand messages during the communication process, essential in effective interpersonal interactions.

Communication Skills

The ability to convey or share ideas and feelings effectively through verbal and non-verbal methods.

Employers Consider

Factors or criteria that employers evaluate when making decisions about hiring, policy-making, or operational changes.

Listening to Facts

The process of attentively hearing and understanding factual information being communicated.