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Answer :
Final answer:
The correct journal entry the company should record when the owner withdraws money from the business for personal use is Marcus James, Drawing 3000 and Cash 3000.
Explanation:
The correct journal entry the company should record in this situation is:
b) Marcus James, Drawing 3000
Cash 3000
When the owner withdraws money from the business for personal use, it is recorded as a drawing or withdrawal from the owner's equity account. Cash, as an asset, is decreased by the amount of the withdrawal.
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