Which of the following profit and loss methods completely disregards the services rendered by the partner in the partnership and the capital contribution made by each partner? * a O Bonus allowance to partners; balance in agreed ration O Equally O Salary allowance to partners; balance in agreed ratio O Interest allowance to partners; balance in agreed ratio

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Which of the following profit and loss methods completely disregards the services rendered by
the
partner in the partnership and the capital contribution made by each partner? * G
O Bonus allowance to partners; balance in agreed ration
O Equally
O Salary allowance to partners; balance in agreed ratio
O Interest allowance to partners; balance in agreed ratio
Transcribed Image Text:Which of the following profit and loss methods completely disregards the services rendered by the partner in the partnership and the capital contribution made by each partner? * G O Bonus allowance to partners; balance in agreed ration O Equally O Salary allowance to partners; balance in agreed ratio O Interest allowance to partners; balance in agreed ratio
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