Business, 10.05.2021 21:40, isamar7342

Select the correct answer. Libby is the sole proprietor of a travel agency. During the year, she withdrew $3,750 from her business for her personal use. How will the business account for this withdrawal?
A.
debit the distribution account
B.
credit the drawings account
C.
debit the capital account
D.
credit the capital account
E.
credit the profit account

Answers: 3

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Select the correct answer. Libby is the sole proprietor of a travel agency. During the year, she w...