Multiple Choice
The Dewie,Cheatum,and Howe partnership paid each of the partners $100,000 for the work they performed during the year.As a result of these payments,the closing process will include a:
A) credit to Salary Expense.
B) credit to each partner's Capital account.
C) credit to each partner's Drawing account.
D) debit to Salary Expense.
Correct Answer:

Verified
Correct Answer:
Verified
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