Partners K and R Receive an Interest Allowance of $20,000

Multiple Choice

Partners K and R receive an interest allowance of $20,000 and $30,000,respectively,and divide the remaining profits and losses in a 3:1 ratio.If the company sustained a net loss of $22,000 during the year,the entry to close the income or loss into their capital accounts is:

A)

B)

C)

D)