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Question 20 Not yet saved Marked out of 1.00 P Flag question If the variable capital balances method (method 1) is used, the profit or

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Question 20 Not yet saved Marked out of 1.00 P Flag question If the variable capital balances method (method 1) is used, the profit or loss and partner's drawings are closed to the: Select one: a. profit or loss summary account. b. capital accounts. c. income statement. d. retained earnings accounts

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