The appropriate format of the December 31, 2017 closing entry for John & Hope Limited Liability Partnership, whose two partners had withdrawn their salaries from the partnership during the year, is: A)John, DrawingXXX Hope, DrawingXXX Salaries Payable XXXB)Salaries ExpenseXXX John, Drawing XXX Hope, Drawing XXXC)John, CapitalXXX Hope, CapitalXXX Salaries Payable XXXD)John, CapitalXXX Hope, CapitalXXX John, Drawing XXX Hope, Drawing XXX
A. Option A.
B. Option B.
C. Option D.
D. Option C.
Answer: C
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