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What journal entry is made when a partner withdraws excess capital during the adjustment?

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MCQ_SA

Single Answer MCQ

Q-00082309

Cash/Bank A/c Dr. To Partners’ Capital A/c

Partners’ Capital A/c Dr. To Cash/Bank A/c

Cash/Bank A/c Dr. To Profit & Loss A/c

Partners’ Capital A/c Dr. To Retained Earnings A/c

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