Business

Accounting

On November 6 Jason Taylor withdrew $90,000 from personal savings and deposited it in a new business checking account for JT's Consulting Services. * ?Which account is debited

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter7: Accounting Information Systems

Section: Chapter Questions

Problem 1EB: For each of the following, indicate if the statement reflects an input component, output component,...

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Financial Accounting ‏

?The owner withdrew $4,000 for personal expenses. Which account is credited
Supplies
Jason Taylor, Drawing
bank
Cash
Utilities Expense

On November 6 Jason Taylor withdrew $90,000 from personal savings and
deposited it in a new business checking account for JT's Consulting Services.
* ?Which account is debited
Cash
Withdrew
Investment
Bank
Jason Taylor, Capital

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