Aaron withdrew £75,000 in cash from the partnership on 1 June 20X2. The partnership has a year end of 31 December 20X2. How will this transaction be recorded in the partnership books?
A) 
B) 
C) 
D) 
Correct Answer:
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Q6: If the profit for the year before
Q7: If the profit for the year before
Q8: If the profit for the year before
Q9: If the profit for the year before
Q10: Which of the following is not usually
Q11: Which of the following items will not
Q13: Aaron has £50,000 of capital invested in
Q14: Stimpy withdrew £150,000 in cash from the
Q15: In the absence of a partnership agreement
A)
Q16: Which of the following is a cash
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