What are the various ways of sharing profits between partners, and why are they used?

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Accounting Understanding And Practice

ISBN: 9780077139131

4th Edition

Authors: Robert Perks

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Question Posted: May 14, 2024 06:01 AM

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What are the various ways of sharing profits between partners, and why are they used?

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In a partnership the sharing of profits among partners is typically determined by the partnership agreement The partnership agreement outlines how pro...View the full answer

Accounting Understanding And Practice

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