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In closing the accounts at the end of a period, the partners' capital accounts are credited for their share of the partnership net income or

In closing the accounts at the end of a period, the partners' capital accounts are credited for their share of the partnership net income or debited for their share of the partnership loss.T/Fimage text in transcribed

In closing the accounts at the end of a period, the partners' capital accounts are credited for their share of the partnership net income or debited for their share of the partnership loss. True or False True False False

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