Multiple Choice
Arlene Dominic is a partner in a partnership,and at 1 July 2017,her capital balance was $42 000.On the same day,she made withdrawals of $4 000 from the partnership.What entry is made on the partnership books?
A) Debit A.Dominic,capital;credit Cash
B) Debit Cash;credit A.Dominic,drawings
C) Debit A.Dominic,drawings;credit Cash
D) Debit Cash;credit A.Dominic,capital
Correct Answer:
Verified
Correct Answer:
Verified
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