The two partners in a business often pay personal bills by writing checks on the business bank

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The two partners in a business often pay personal bills by writing checks on the business bank account. Is this a good business practice? Explain. How should such payments be recorded?

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College Accounting Chapters 1-30

ISBN: 978-1259631115

15th edition

Authors: John Price, M. David Haddock, Michael Farina

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Question Posted: Jul 14, 2018 06:11 AM

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The two partners in a business often pay personal bills by writing checks on the business bank

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No This is a mixing of affairs of t...View the full answer

College Accounting Chapters 1-30

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