If the owner of a company takes merchandise for personal use, what account is debited? a. Owners

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If the owner of a company takes merchandise for personal use, what account is debited?

a. Owner’s capital

b. Owner’s withdrawals

c. Purchases

d. Cash

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Glencoe Accounting First Year Course

ISBN: 9780078688294

1st Edition

Authors: Andrée Vary

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Question Posted: Jun 16, 2022 02:48 AM

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If the owner of a company takes merchandise for personal use, what account is debited? a. Owners

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b Owners withdrawals When the owner of a company takes merchandise ...View the full answer

Glencoe Accounting First Year Course

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