Question
D & E are equal partners and are closing their drawing accounts on December 31. Each partner had withdrawn $75,000. The correct entry to close
D & E are equal partners and are closing their drawing accounts on December 31. Each partner had withdrawn $75,000. The correct entry to close their drawing accounts would be a credit to D Drawing and E drawing for $75,000 and debit to:
| D & E Capital for $75,000 | ||
| D & E Cash for $150,000.00 | ||
| D & E Capital for $150,000 | ||
| D & E Assets for $75,000 |
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Sampling Theory In The Auditing Of Nuclear Materials Accountancy Statistical Modeling Of Accountancy And Audit
Authors: Dictus
1st Edition
3844365427, 978-3844365429
