Emilia Feridy, the proprietor of EF Services, withdrew a total of $50 for to pay for her daughter's swimming lessons. What is the entry needed to record this transaction? A) Debit Emilia Feridy, Withdrawals and credit Emilia Feridy, Capital for $50. B) Debit Emilia Feridy, Withdrawals and credit Cash for $50. C) Debit Cash and credit Emilia Feridy, Withdrawals for $50. D) Debit Emilia Feridy, Capital and credit Cash for $50. E) Debit Emilia Feridy, Capital and credit Emilia Feridy, Withdrawals for $50.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Emilia Feridy, the proprietor of EF Services, withdrew a total of $50 for to pay for her daughter's swimming lessons. What is the entry ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
What is a legal process to obtain citizenship?
Answers (1)
Luke notices the documents he is printing look faded and incomplete. How could he troubleshoot this problem? A. Replace the empty ink cartridge. B. Properly connect the printer to the computer. C. Connect the printer's power cable to an outlet. D.
Answers (1)
Universal finance has segmented its customer base into two categories: high wealth and retirement. high wealth accounts should be visible to high wealth sales team members only. retirement accounts should be visible to all sales users.
Answers (1)
On November 10 of the current year, Cherokee Industries sold materials to a customer for $8,000 with credit terms 2/10, n/30. Cherokee uses the net method of accounting for sales discounts.
Answers (2)
Ucc article 2 applies to sales transactions between all buyers and sellers. a. True b. False
Answers (1)
New Questions in Business
Sometimes, while on the job at dairy king, jimmy forgets to ask, "do you want fries with that?" when customers order burgers. the fact that some customers are surprised by jimmy's behavior can be explained by
Answers (1)
Which of the following is the least risky? collectables, stock, savings bond, or savings account?
Answers (1)
Strength unhappy inchworm reread restless comfortable
Answers (1)
If a country has a rising middle class what does this social change mean for business? A: there will be more people with discretionary income creating business opportunities.
Answers (1)
Which of the following financial statements is prepared as of a specific date? Group of answer choices Balance sheet. Income statement. Retained earnings statement. Statement of cash flows.
Answers (1)