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If Sybil Thorton has withdrawn $60,000 cash and Amy Brown has withdrawn $75,000 cash from the partnership during the year then the closing entry would
If Sybil Thorton has withdrawn $60,000 cash and Amy Brown has withdrawn $75,000 cash from the partnership during the year then the closing entry would involve a O A. credit to Thorton's withdrawals account for $60,000 OB. debit to Thorton's withdrawals account for $60.000 O C. debit to Brown's withdrawals account for $75,000 D. credit to cash for $135,000
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