Multiple Choice
Kenny and Jeff form a partnership.During the year,Kenny and Jeff withdraw $32,000 and $22,000,respectively.Which of the following will be included in the journal entry to record the withdrawals?
A) debit to Kenny,Withdrawals for $32,000
B) debit to Jeff,Withdrawals for $27,000
C) credit to Kenny,Withdrawals for $27,000
D) credit to Jeff,Withdrawals for $22,000
Correct Answer:
Verified
Correct Answer:
Verified
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