Multiple Choice
Which of the following would not cause an increase in partnership capital?
A) Drawings
B) Net income
C) Additional capital investment by the partners
D) Initial capital investment by the partners
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q137: Brian and Sandy are forming a partnership.
Q138: The net income of the Crowe and
Q139: A debit balance in a partner's capital
Q140: The adjusted trial balance of the Ricci
Q141: In liquidation balances prior to the distribution
Q143: Wiggins L. Stokes and K. Hayes are
Q144: Yuanne Sipp and Letitia Grimes share partnership
Q145: The partnership agreement of Alix Gise and
Q146: Salary allowances to partners are a major
Q147: The partnership agreement of Alix Gise and