The appropriate format of the December 31, 2020closing entry for John & Hope Limited Liability Partnership, whose two partners had withdrawn their salaries from the partnership during the year, is:
A) Option A.
B) Option B.
C) Option C.
D) Option D.
E) Option E.

Question

The appropriate format of the December 31, 2020closing entry for John & Hope Limited Liability Partnership, whose two partners had withdrawn their salaries from the partnership during the year, is: 
A) Option A. 
B) Option B. 
C) Option C. 
D) Option D. 
E) Option E.

Quizplus · Accepted Answer

The Answer of The appropriate format of the December 31, 2020closing entry for John & Hope Limited Liability Partnership, whose two partners had withdrawn their salaries from the partnership during the year, is: 
A) Option A. 
B) Option B. 
C) Option C. 
D) Option D. 
E) Option E.

The Appropriate Format of the December 31, 2020closing Entry for John