The bank reconciliation for Jhumpa Co. shows a $100 personal withdrawal by L. Jhumpa, the owner, using an ATM, that was not recorded. The journal entry to record this item would involve a
A) debit to Wages Expense.
B) debit to L. Jhumpa, Drawing.
C) debit to Cash.
D) none of the answers listed.
Correct Answer:
Verified
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