If S. Pletcher withdraws $30,000 in cash for personal use in lieu of salary, which account is…


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If S. Pletcher withdraws $30,000 in cash for personal use in lieu of salary, which account is… 1 answer below ยป S. Pletcher and F. Holt share net income and net loss equally. (a) Which account(s) is (are) debited and credited to record the division of net income between the partners? (b) If S. Pletcher withdraws $30,000 in cash for personal use in lieu of salary, which account is debited and which is credited? Jun 11 2014 04:12 PM

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