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If a partnership earned $100,000 and the partnership agreement states that profits and losses are to be split evenly between partner A and partner B,

If a partnership earned $100,000 and the partnership agreement states that profits and losses are to be split evenly between partner A and partner B, the closing entry would include Group of answer choices A credit to Partnership Capital - Partner B for $50,000 A credit to Partnership Capital - Partner A for $100,000 A debit to Income Summary for $50,000 A credit to Shareholder Contributions - Partner A for $50,000

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