Question
. A partner's withdrawal of assets from a partnership that is considered a permanent reduction in that partner's equity is debited to the partners' A.
. A partner's withdrawal of assets from a partnership that is considered a permanent reduction in that partner's equity is debited to the partners'
A. Capital account
B. Loan receivable
C. Retained Earnings
D. Drawing account
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College Accounting Chapters 1- 9
Authors: James A Heintz, Robert W Parry
23rd Edition
1337794783, 978-1337794787
