In the general journal, Amy saw a record in the owner's drawing account indicating that a partner withdrew $675 from her firm last month.
Which of the following is a closing general journal entry that Amy will make related to this withdrawal?
a, Amy will not make a closing general journal entry related to this withdrawal.
b, Amy will record a credit of $675 to the cash account
c, Amy will record a debit of $675 to the owner's capital account.
d, Amy will record a credit of $675 to accounts payable
Answers: 3
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