A partnerships capital accounts are changed if a . Net income or net loss is recorded. b
Question:
A partnership’s capital accounts are changed if
a. Net income or net loss is recorded.
b. Partners invest additional cash in the business.
c. Partners withdraw cash from the business.
d. All of the above. e. none of these answers.
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A partnership capital account is a distinct account that shows the equity in a partne...View the full answer
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Dudhat Vaidehi
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