The proprietor of Martin Supply Service took a $5 000 cash withdrawal.What is the effect of the withdrawal on the accounts of the business?
A) Cash account increases;Accounts receivable decreases.
B) Cash account decreases;Owners' capital account decreases.
C) Accounts payable increases;Owners' capital account decreases.
D) Cash account increases;Owners' capital account decreases.
Correct Answer:
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