Multiple Choice
Jimmy Hayes is a partner in Sports Promoters.His beginning partnership capital balance for the current year $65,000 and his ending partnership capital balance for the current year is $62,000.His share of this year's partnership income was $5,250.What were his withdrawals for the period?
A) $8,250
B) $3,000
C) $2,250
D) $0
E) $5,250
Correct Answer:
Verified
Correct Answer:
Verified
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