If the variable capital balances method method 1 is used,the profit or loss and partner's drawings are closed to the:

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If the variable capital balances method is used, the profit or loss and partner's drawings are closed to the partners' individual capital accounts. These accounts reflect each partner's equity in the partnership, and any profit or loss and withdrawals for the year will affect their individual account balances. Therefore, option B is the best choice.

If the Variable Capital Balances Method Method 1 Is Used,the