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Three partners are liquidating and have capital balances as follows: Mia $5,000; Carlyle $9,000; and Roger ($3,000). Roger will pay back his deficiency. The entry
Three partners are liquidating and have capital balances as follows: Mia $5,000; Carlyle $9,000; and Roger ($3,000). Roger will pay back his deficiency. The entry to record this transaction will include a (debit/credit) ________ to Roger, Capital in the amount of _______. Multiple choice question. credit; $17,000 credit; $11,000 debit; $17,000 debit; $11,000 credit; $3,000 debit; $3,000
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