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At year end, a partner's drawing account Multiple choice question. is closed to the partnership's retained earnings account. is closed to a partnership salaries account.
At year end, a partner's drawing account Multiple choice question. is closed to the partnership's retained earnings account. is closed to a partnership salaries account. is closed to the partner's capital account. remains open to accumulate partner withdrawal throughout the life of the partnership
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Managerial Accounting Tools For Business Decision Making
Authors: Jerry J Weygandt, Paul D Kimmel, Jill E Mitchell
9th Edition
1119754054, 9781119754053
