Withdrawals of Assets from a Partnership That Are Intended to Permanently

question 93

Short Answer

Withdrawals of assets from a partnership that are intended to permanently reduce the invested capital are recorded as debits to the partners'--------- accounts.

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Definitions:

Punish

The act of imposing a penalty or consequence on someone for their behavior or actions, often as a method of enforcing rules or discipline.

OB Mod

A management approach focusing on changing employees' behaviors through a system of rewards and punishments known as organizational behavior modification.

Reinforcement

In organizational behavior, the use of consequences to modify the occurrence and form of behavior through rewards or punishments.

Operant Conditioning

A learning process through which the strength of a behavior is modified by reinforcement or punishment.