The Entry to Record a Partner's Salary Allowance Consists of a Debit

question 43

Multiple Choice

The entry to record a partner's salary allowance consists of a debit to

• A) the partner's capital account and a credit to Cash.
• B) Salaries Expense and a credit to the partner's drawing account.
• C) Income Summary and a credit to the partner's capital account.
• D) Income Summary and a credit to the partner's drawing account.

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Definitions:

More Obedient

Describes individuals or behaviors that show a greater compliance or submission to rules, laws, or authority figures.

Higher In IQ

Possessing an intelligence quotient that is above the average level.

More Dependent

Refers to individuals who rely significantly on others for support, decision-making, or validation rather than being self-sufficient.

Style Of Life

An individual's characteristic way of living, including habits, attitudes, and behaviors that define how they interact with the world.