Emilia Feridy, the proprietor of EF Services, withdrew a total of $50 for to pay for her daughter's swimming lessons. What is the entry needed to record this transaction? A) Debit Emilia Feridy, Withdrawals and credit Emilia Feridy, Capital for $50. B) Debit Emilia Feridy, Withdrawals and credit Cash for $50. C) Debit Cash and credit Emilia Feridy, Withdrawals for $50. D) Debit Emilia Feridy, Capital and credit Cash for $50. E) Debit Emilia Feridy, Capital and credit Emilia Feridy, Withdrawals for $50.
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Home » Business » Emilia Feridy, the proprietor of EF Services, withdrew a total of $50 for to pay for her daughter's swimming lessons. What is the entry needed to record this transaction? A) Debit Emilia Feridy, Withdrawals and credit Emilia Feridy, Capital for $50.