A business paid $100 cash to Charles Nice (the sole stockholder)for his personal use.Set up the necessary T-accounts below and show how this transaction would be recorded directly in those accounts.

Question

Quizplus · Accepted Answer

The Answer of A business paid $100 cash to Charles Nice (the sole stockholder)for his personal use.Set up the necessary T-accounts below and show how this transaction would be recorded directly in those accounts.

A Business Paid $100 Cash to Charles Nice (The Sole