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?
Get 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 there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Is giving a speech on job specialization for her business class. She will most likely tell the class that one of the reasons for job specialization is A. special skills are not needed to complete specialized tasks. B.
Answers (1)
After watching "Overview of Practicum/Field Experience Requirements" for (Ground/Arizona students) or (Online/Non Arizona students)," provide three examples of practicum/field experience requirements.
Answers (1)
Long-term investments tie up money for
Answers (1)
A political polling organization is to conduct a poll of likely voters prior to an upcoming election. each voter is to be interviewed in person.
Answers (1)
A Broadway play company can only charge one price for tickets to a given performance of its play. The company manager notices that they earn greater total revenue when they charge a higher ticket price and its theater is three-quarters full than
Answers (2)
New Questions in Business
When responding to behavioral interview questions, you should briefly explain the situation and describe the problem or task, your action, and its results. True or false?
Answers (1)
Which of the following accounts neither increases nor decreases the fund balance of the General Fund during the fiscal year? A. Deferred revenues. B. Revenues. C. Expenditures. D. Other financing sources.
Answers (1)
At Afterbadge, a chain of stores that sells computer accessories, all the marketing activities are planned at the company headquarters. These plans are required to be carried out by the employees without any deviation.
Answers (1)
A teacher writes the results of a test on the board: 7 students received a's, 10 students received b's, 18 students received c's, 4 students received d's and 1 student received an f.
Answers (1)
Shankar Company uses a perpetual system to record inventory transactions. The company purchases inventory on account on February 2 for $34,000.
Answers (2)