Arlene Dominic Is a Partner in a Partnership,and at 1

question 30

Multiple Choice

Arlene Dominic is a partner in a partnership,and at 1 July 2017,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,capital;credit Cash
• B)Debit Cash;credit A.Dominic,drawings
• C)Debit A.Dominic,drawings;credit Cash
• D)Debit Cash;credit A.Dominic,capital

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Definitions:

Hallux

The medical term for the big toe, crucial for balance and walking.

Bursa

A fluid-filled sac located in areas where friction occurs, serving as a cushion between bones and tendons or muscles around a joint.

Arthroplasty

A surgical procedure to restore the function of a joint by resurfacing the bones or replacing the joint with artificial components.

Arthrodesis

A surgical procedure to fuse the bones in a joint, eliminating the joint to alleviate pain.