When a withdrawal is made,the Cash account is debited and the Withdrawals account is credited.
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Q15: For a T account,an account balance is
Q16: Owner's withdrawals should appear on the statement
Q17: In accounting,to recognize means to record a
Q18: The normal balance of an account is
Q19: The double-entry system is possible because all
Q21: Journal entries are typically posted to the
Q22: When a company records the purchase of
Q23: In a journal entry,debits are always indented.
Q24: A trial balance is normally prepared at
Q25: In a trial balance,all debits are listed
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