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A salary paid to a partner is reported as: A. A deferred outflow, amortized to expense over time B. A charge to dividends, a temporary

A salary paid to a partner is reported as:

A.
A deferred outflow, amortized to expense over time

B.
A charge to dividends, a temporary account closed to partnership retained income

C.
An expense, reducing partnership income

D.
A reduction in his or her capital account

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Previous Question Next Question

	A.	A deferred outflow, amortized to expense over time
	B.	A charge to dividends, a temporary account closed to partnership retained income
	C.	An expense, reducing partnership income
	D.	A reduction in his or her capital account

Question

A salary paid to a partner is reported as: A. A deferred outflow, amortized to expense over time B. A charge to dividends, a temporary

A salary paid to a partner is reported as: A. A deferred outflow, amortized to expense over time B. A charge to dividends, a temporary account closed to partnership retained income C. An expense, reducing partnership income D. A reduction in his or her capital account

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A salary paid to a partner is reported as:

A.
A deferred outflow, amortized to expense over time

B.
A charge to dividends, a temporary account closed to partnership retained income

C.
An expense, reducing partnership income

D.
A reduction in his or her capital account