Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

When a partnership take loan from partner , the debt side in journal entry will be Select one: a. cash b. capital c. withdrawal d.

When a partnership take loan from partner , the debt side in journal entry will be
Select one:
a. cash
b. capital
c. withdrawal
d. loan of partner

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing For Dummies

Authors: Maire Loughran

1st Edition

0470530715, 978-0470530719

More Books

Students also viewed these Accounting questions

Question

What are the APPROACHES TO HRM?

Answered: 1 week ago