Arlene Dominic is a partner in a partnership, and at 1 July 2013, 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, drawings; credit cash
B) Debit Cash; credit A. Dominic, drawings
C) Debit A. Dominic, capital; credit cash
D) Debit Cash; credit A. Dominic, capital
Correct Answer:
Verified
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