Which of the following entries records the withdrawal of cash by Joe, owner of a proprietorship, for personal use?

a. debit Joe, capital; credit Cash
B. debit Joe, Drawing; credit Cash
C. debit Salaries Expense; credit Cash
D. debit Salaries Expense; credit Salaries Payable

Ans: B. debit Joe, Drawing; credit Cash

Business

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The first continuous and organized research is believed to have been conducted in 1911 for ________ to be used ________

A) MRA; to sell its publications B) MRA; to locate outdoor billboards in the best locations C) Curtis Publishing Company; to better sell advertising space D) Curtis Publishing Company; to determine the optimal mix of cable TV channels on which to advertise E) Charles Coolidge Parlin; to determine pay scales for employees

Business

The heads of independent agencies may serve at the pleasure of the president and may be fired at the president's will

a. True b. False

Business