Which of the Following Entries Records the Withdrawal of Cash

question 85

Multiple Choice

Which of the following entries records the withdrawal of cash for personal use by D. Bill, the owner of a business?

• A) Debit Cash and credit D. Bill, Drawing
• B) Debit Cash and credit Salary Expense
• C) Debit Salary Expense and credit Cash
• D) Debit D. Bill, Drawing and credit Cash
• E) None of these

Grasp the role of a program champion in navigating organizational processes.

Understand the challenges and solutions in the strategic marketing process.

Learn about the importance of making marketing plans controllable and flexible.

Appreciate the necessity of action over excessive analysis in strategic marketing.

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Definitions:

Projected Number

An estimate or forecast of a numerical value or quantity in the future, based on current data and trends.

Standard Suites

This term is not well-defined in a general context and could possibly pertain to a specific industry’s set of benchmarks, guidelines, or specifications. Without additional information, a precise definition cannot be provided, so per instruction, NO.

Objective Function

a mathematical function that represents the goal of an optimization problem, typically maximizing or minimizing some quantity.

Projected Number

An anticipated quantity or figure calculated for a future date, based on existing data and predictive analysis.