G. Venda, owner of Venda Services, withdrew 25,000 from the business during the current year. the entry
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G. Venda, owner of Venda Services, withdrew 25,000 from the business during the current year. the entry to close the withdrawals account at the end of the year is:
a. G. Venda Withdrawals ....25,000
G. VEnda Capital ......................25,000
b. Income Summary ...........25,000
G.VEnda Capital .......................25,000
c. G.Venda Withdrawals ......25,000
Cash ...........................................25,000
d. G.Venda Capital ...............25,000
Salary Expense ...........................25,000
e. G.Venda Capital ................25,000
G. Venda Withdrawals ...............25,000
Related Book For
Accounting
ISBN: 978-0324188004
21st Edition
Authors: Carl s. warren, James m. reeve, Philip e. fess
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