Van Jones Is the Owner of a Sole Proprietorship

question 71

Multiple Choice

Van Jones is the owner of a sole proprietorship.Van took $5,000 from the business for personal use.Which of the following accounts is debited?

• A) Cash
• B) Jones, Withdrawals
• C) Jones, Dividends
• D) Jones, Capital

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Definitions:

Operational Definition

A clear, detailed description of how variables in a study are measured or manipulated, allowing for replication and understanding of research findings.

Experimental Outcome

The observed results obtained from conducting an experiment, used to validate or refute a hypothesis.

Control Condition

In experimental research, it's the group that does not receive the experimental treatment, serving as a baseline to compare the effects of the treatment.

Scientific Theory

A well-substantiated explanation of some aspect of the natural world that is acquired through the scientific method and repeatedly tested and confirmed through observation and experimentation.