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Adam James and Jane Smith are partners. The entry to distribute a net loss to both partners is A. debit, Adam James, Drawing; debit, Jane

Adam James and Jane Smith are partners. The entry to distribute a net loss to both partners is

A. debit, Adam James, Drawing; debit, Jane Smith, Drawing; credit, Income Summary.

B. debit, Income Summary; credit, Adam James, Capital; credit, Jane Smith, Capital.

C. debit, Adam James, Capital; debit, Jane Smith, Capital; credit, Income Summary.

D. debit, Income Summary; credit, Adam James, Drawing; credit, Jane Smith, Drawing.

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