Asked by Kylie Gravel on Apr 25, 2024
On October 30, Damien Lawson withdraws $3,330 from JumpStart for personal use. Journalize this event.
Journalize
The act of recording financial transactions in a company's journal, a step in the accounting process.
Withdraws
The action of taking money out of an account, or removing capital from a business by its owners.
Personal Use
Personal use refers to the utilization of property, assets, or services for individual rather than business or commercial purposes.
- Encode rudimentary financial dealings related to purchasing, vending, and disbursing funds.
Learning Objectives
- Encode rudimentary financial dealings related to purchasing, vending, and disbursing funds.