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26) The withdrawals account of each partner is: * A permanent account and not closed. Debited when closed to his/her capital account. Credited when closed

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26) The withdrawals account of each partner is: * A permanent account and not closed. Debited when closed to his/her capital account. Credited when closed to his/her capital account. Credited with his/her share of profit. Debited with his/her share of losses

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